Cellnex weighs up Polish unit stake sale datacenterdynamics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from datacenterdynamics.com Daily Mail and Mail on Sunday newspapers.
Cellnex is working with advisers including JPMorgan to evaluate the sale of a stake in its Polish business, as it seeks to raise financing for a potential agreement with Iliad Group in Poland, said the people, who spoke on condition of anonymity. BNP Paribas is also working on the sale, one of the people said.
A widely reported but so far formally unconfirmed news story suggests that Cellnex, a leading operator of wireless telecommunications infrastructures, is considering a stake sale of its Polish unit.
Spain s Cellnex is
considering selling a minority stake in its Polish operations,
four sources close to the talks said, which would be the latest
asset disposal by the mobile phone tower operator as.
"It is with great emotion and profound sadness that the Iliad Group announces the sudden death yesterday evening of Nicolas Jaeger," the unlisted company s statement said.