Singapore's GIC buys additional 2.5% stake in European tower operator Cellnex for $638m

Singapore's GIC buys additional 2.5% stake in European tower operator Cellnex for $638m

Photo: Reuters

Singapore wealth fund GIC has agreed to buy a 2.5% stake in Europe’s largest mobile phone towers operator Cellnex from Edizione, the Benetton family’s investment firm, Edizione said on Friday evening.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter