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General

Caixa agrees to back Cellnex capital hike

Tuesday 12 March 2019 | 09:14 CET | News

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Criteria Caixa, a holding company 100 percent owned by financial services provider La Caixa, has agreed to take part in Cellnex's EUR 1.198 billion capital increase by subscribing a total of 4.01 million new shares, equivalent to 6 percent of the total, by investing EUR 72 million. The Spanish operator last month announced that it intends to issue 66.9 million new shares, equivalent to 28.91 percent of its current total, at EUR 17.89 per share to strengthen the group's resources and fund its further expansion.

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Categories: General
Companies: Cellnex
Countries: Spain
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