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General

Edizione to sell over 3% of Cellnex stake

Friday 24 July 2020 | 14:43 CET | News
The Edizione holding of Italy's Benetton family has contracted Goldman Sachs to offer 3.4 percent of its stake in Spanish operator Cellnex Telecom to institutional investors through an accelerated placement, reports business daily El Economista, citing a filing at Spain's securities market regulator CNMV. The 13.2 million shares have a current market value of EUR 802 million and Edizione will retain around 13 percent of Cellnex's share capital following the sale and the operator's latest capital increase, said the report.

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Categories: General
Companies: Cellnex
Countries: Italy / Spain
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