Reported 3 days ago
Spain's Cellnex has announced the sale of its 99.99% stake in Towerlink France to Vauban Infra Fibre for €391 million ($458 million). The transaction, part of Cellnex's strategy to shift focus from acquisitions to strengthening its finances, will be conducted in cash upon closing. This follows similar sales earlier this year of its businesses in Austria and Ireland.
Source: YAHOO