Cellnex sells Swedish, Danish businesses for $772 million

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Cellnex sells Swedish, Danish businesses for $772 million

Cellnex operates 4,557 sites across Sweden and Denmark Europe’s largest tower company, Cellnex, has agreed to sell a 49% stake in its Sweden and Denmark subsidiaries to Stonepeak, an U.S.-based investment firm that focuses infrastructure, for €730 million ($772 million). The decision aligned with the company’s ongoing strategy to cut debt. Per the agreement, Stonepeak […]

The post Cellnex sells Swedish, Danish businesses for $772 million appeared first on RCR Wireless News.

Cellnex operates 4,557 sites across Sweden and Denmark Europe’s largest tower company, Cellnex, has agreed to sell a 49% stake in its Sweden and Denmark subsidiaries to Stonepeak, an U.S.-based investment firm that focuses infrastructure, for €730 million ($772 million). The decision aligned with the company’s ongoing strategy to cut debt. Per the agreement, Stonepeak […]

The post Cellnex sells Swedish, Danish businesses for $772 million appeared first on RCR Wireless News.

Catherine Sbeglia Ninhttps://www.rcrwireless.com/20230929/network-infrastructure/cellnex-sells-swedish-danish-businesses-for-772-millionhttps://feeds.feedburner.com/rcrwireless/sLmV?format=xmlRCR Wireless News

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