Cellnex launches €7bn rights issue with strong support

Aidan Gregory,

Sam Kerr

March 30, 2021 11:45 am

mobile tower 5G adobe stock 575x375 — Telecommunication tower with 5G cellular network antenna on night city background | kinwun - stock.adobe.com

Cellnex, the acquisitive Spanish telecoms tower company, launched a €7bn rights issue on Thursday to fund its takeover of French tower firm Hivory from Altice and KKR.

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Topics

Spain Equity Europe Follow-ons and Rights issues EMEA

AG

Aidan Gregory

SK

Sam Kerr