Cellnex Telecom SA, Europe’s largest wireless tower operator, is contemplating a capital increase that would exceed €3 billion (around $3.4 billion) to strengthen its financial position and fund future acquisitions, according to sources close to the matter.
The Barcelona-based company is in talks with its advisors about a possible share issuance and could announce the plan this month, although the exact size and timing of the operation are still being defined.
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