Vantage Towers brings big cornerstone but shrinks IPO

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Vantage Towers brings big cornerstone but shrinks IPO

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CXD50H Berlin, the Vodafone logo on a radio mast | Alamy Stock Photo

Vantage Towers, the telecoms towers division of Vodafone, has announced the price range for its IPO on the Frankfurt Stock Exchange and secured cornerstone orders for almost half of the deal size. The deal is smaller than many had expected, as rising bond yields continues to impact wider equity markets.

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