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Wireless

Abertis closes sale of 30% Cellnex stake to Benetton

Friday 13 July 2018 | 09:10 CET | News
Spanish toll-road operator Abertis has closed the sale of its 29.9 percent stake in Spanish towers operator Cellnex to the Benetton family holding company Edizione. In a statement to Spanish markets regulator CNMV, Abertis said 69,273,289 ordinary shares in Cellnex had been transferred to Edizione subsidiary ConnecT at a price of EUR 21.50 per share for a total of 1.489 billion. The deal forms part of the takeover of Abertis by Italy's Atlantia and German builder Hochtief.

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Categories: Mobile & Wireless
Companies: Cellnex
Countries: Italy / Spain
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