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General

Cellnex announces EUR 1.2 bln capital hike to fund acquisitions

Thursday 28 February 2019 | 10:30 CET | News
Spanish infrastructure operator Cellnex Telecom has announced a EUR 1.198 billion capital increase to strengthen the group's resources and fund its further expansion. The capital increase involves the issue of 66.9 million new shares, equivalent to 28.91 percent of its current total, at EUR 17.89 per share. Cellnex said its main shareholders ConnecT (29.9% of the capital) and CriteriaCaixa (6%) have already agreed to subscribe to the issue.

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Categories: General
Companies: Cellnex
Countries: Europe / Spain
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