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Cellnex Studies Strategic Options After Share Price Slump

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Deals Cellnex Studies Strategic Options After Share Price Slump Cellnex Telecom SA is evaluating strategic options, according to people familiar with the matter, as the wireless tower operator looks at ways to grapple with its debt load and weak share price. Top Cellnex executives have been studying possibilities including a take-private of the company or a merger with a competitor, the people said, asking not to be identified because the discussions are confidential.

Deals Cellnex Studies Strategic Options After Share Price Slump Cellnex Telecom SA is evaluating strategic options, according to people familiar with the matter, as the wireless tower operator looks at ways to grapple with its debt load and weak share price. Top Cellnex executives have been studying possibilities including a take-private of the company or a merger with a competitor, the people said, asking not to be identified because the discussions are confidential.
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Originally published by Bloomberg Markets Read original →