Cellnex Offers Stake to Deutsche Telekom Amid Towers Bid, Reuters Reports
01 July 2022 - 12:14AM
Dow Jones News
-- Spanish wireless-telecommunications company Cellnex Telecom
SA offered a small stake of the company to Germany's Deutsche
Telekom AG as it hopes to acquire DT's towers division in a deal
valued at approximately 18 billion euros ($18.79 billion), Reuters
reports citing unnamed sources.
-- Cellnex has recently filed a binding offer for Deutsche
Telekom's towers business, Reuters reports.
Full story: https://reut.rs/3NyYaSC
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
June 30, 2022 09:59 ET (13:59 GMT)
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