Vantage Towers taps demand for yield with €3bn Frankfurt float

Vantage Towers, the telecoms towers unit of Vodafone, has launched its long-awaited flotation on the Frankfurt Stock Exchange, having announced its intention to float on Wednesday.
The IPO, scheduled for March, is likely to raise about €3bn, making it one of the biggest flotations of the year in EMEA, according to sources close to the deal.
“It is going to be a multi-billion euro offer size so potentially one of the larger IPOs ...Already a subscriber? Login