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.� [ more ]

Tags: of new eur capital

Category:Telecommunications

Latest from this category

All news

»
25.03Freudenberg Performance Materials Appoints CFO
25.03Sponheim named 2025 Technical Services/Allied Industry Veterinarian of the Year
25.03Cladding tax on new homes delayed for a year
25.03Ag tech startup validates AI-based fertility analytics for sow insemination
25.03Carnival Corp. Coats 16th Vessel in Nippon Paint Marine\'s AQUATERRAS
25.03Lower Thames Crossing approved by government
25.03Engineered Custom Coatings Names Troy Murray as New COO
25.03AI job application rise 'risks hiring incapable staff'
More »