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

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By Aidan Gregory
24 Feb 2021

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 ...

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