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General

Cellnex completes EUR 2.5 bln capital hike

Friday 1 November 2019 | 10:54 CET | News
Spanish operator Cellnex Telecom has confirmed the successful completion of a EUR 2.5 billion capital increase to support its recent deal to acquire the telecommunications division of UK media and communications infrastructure and services group Arqiva as well as its active projects pipeline. In a statement to Spain's securities market regulator CNMV, the Spanish operator said 99.53 percent of holders of preferred subscription rights participated in the capital hike, with demand exceeding the shares offered by 38.15 times.

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Categories: General
Companies: Arqiva / Cellnex
Countries: Spain
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