2 Min Read
FRANKFURT (Reuters) - Vodafone has priced shares in infrastructure unit Vantage Towers at 24 euros each, valuing the firm at 12.1 billion euros ($14.5 billion) in one of Europe’s largest initial public offerings this year, Vantage Towers said.
Slideshow ( 3 images )
Vodafone is reaping as much as 2.3 billion euros from the deal, assuming that an overallotment option (greenshoe) is fully exercised at the final offer price, Vantage Towers added.
Trading is slated to start in Frankfurt on Thursday.
The British-based operator had set the initial price range for the flotation of Vantage Towers at 22.50 to 29 euros per share, before narrowing that to 24-25 euros this week. It had targeted proceeds of 2-2.8 billion euros.
2 Min Read
FRANKFURT (Reuters) - Vodafone has priced shares in infrastructure unit Vantage Towers at 24 euros each, valuing the firm at 12.1 billion euros ($14.5 billion) in one of Europe’s largest initial public offerings this year, Vantage Towers said.
Slideshow ( 3 images )
Vodafone is reaping as much as 2.3 billion euros from the deal, assuming that an overallotment option (greenshoe) is fully exercised at the final offer price, Vantage Towers added.
Trading is slated to start in Frankfurt on Thursday.
The British-based operator had set the initial price range for the flotation of Vantage Towers at 22.50 to 29 euros per share, before narrowing that to 24-25 euros this week. It had targeted proceeds of 2-2.8 billion euros.
Congratulations to Arc Noble County Foundations for receiving a $75,000 award that will help it to better serve northeast Indiana. The mission of The Arc Noble County Foundations is to support individuals with disabilities in northeast Indiana to maximize their abilities to succeed at work, at home and in their community. Its website arcfoundations.com states “We are committed to promote meaningful partnerships with all stakeholders to contribute to a rewarding and productive quality of life for all . We help companies meet their manufacturing goals while preparing individuals to obtain and maintain employment. We support individuals to learn, to volunteer and to succeed in their local communities.” Kay Craig, executive director, said, “With federal and state changes to our services, The Arc simply must develop new and innovative partnerships to support the individuals in Noble County who depend on our services throughout their lifespan.” Based at 506 S. Orange St., Albio
Vodafone Group said on Tuesday it would seek to raise up to 2.8 billion euros ($3.32 billion) in proceeds by floating infrastructure unit Vantage Towers in Europe's largest initial public offering of 2021.
Vodafone Group said on Tuesday it would seek to raise up to 2.8 billion euros in proceeds by floating infrastructure unit Vantage Towers in Europe s largest initial public offering of 2021.. | March 9, 2021