.
MergerLinks Header Logo

Announced

Cellnex to acquire a 60% stake in Play from Iliad for $945m.

Financials

Edit Data
Transaction Value£724m
Consideration TypeCash
Capital Owned-
Capital Bid For60%
EV/Sales-
EV/EBITDA6.06x
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Friendly

Acquisition

Pending

Single Bidder

Private

Majority

Mobile

cellular network

Poland

Synopsis

Edit

Cellnex, an operator of wireless telecommunications and broadcasting infrastructures, agreed to acquire a 60% stake in Play, a mobile operator in Poland, from Iliad, a French provider of telecommunication services, for $945m. “Cellnex’s European network continues to grow in scope and geographic diversification, density and capillarity. This is most certainly a significant differentiating factor that represents an undoubted added value, allowing us to present ourselves as a natural partner of choice for European mobile operators with which we can work together in different markets, supporting them in their projects to complete the roll-outs of 4G and accelerate the spread of 5G," Franco Bernabè, Cellnex Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US