Home › Cellnex in EUR 4 bln capital hike to fund 'up to EUR 11 bln' of new acquisitions
 

Keywords :   


Cellnex in EUR 4 bln capital hike to fund 'up to EUR 11 bln' of new acquisitions

2020-07-23 09:12:00| Telecompaper Headlines

(Telecompaper) Spanish operator Cellnex Telecom said its board of directors agreed to execute a new capital increase amounting to EUR 4 billion at the company's recent general shareholders' meeting. In a statement to Spain's securities market regulator CNMV, the Spanish operator confirmed that the proceeds from the capital hike will be used to bolster the company's own resources in order to undertake new expansions of its European infrastructure portfolio. 

Tags: of new eur capital

Category:Telecommunications

Latest from this category

All news
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
Telecommunications »
14.12Supermarket skincare dupes could save you hundreds. But do budget beauty products work?
14.12'A nightmare' - The battle over Warner Bros is turning Hollywood upside down
13.12This Week in Agribusiness, December 13, 2025
13.12This Week in Agribusiness, December 13, 2025
13.12Whisky industry faces bleak midwinter as tariffs bite and exports stall
13.12Christmas gifts wrapped and sent out for children
13.12Why your chocolate is getting smaller, more expensive and less chocolatey
12.12Cargill recalls single lot of livestock feed product
More »