Vodafone Divests Stake In $16B Tower Business
Vodafone Divests Stake In $16B Tower Business
沃達豐剝離價值160億美元的塔樓業務股份
- Vodafone Group Plc (NASDAQ:VOD) agreed to sell a stake in its towers unit to KKR & Co Inc (NYSE:KKR) and Global Infrastructure Partners at a €16.2 billion ($16.3 billion) valuation.
- The British telecommunications group announced the €32-a-share deal for Vantage Towers AG (OTC:VTAGY).
- Vodafone will move its 81.7% holding in Vantage into a new joint venture with KKR and GIP.
- Also Read: Private Equity Firms Are Flocking To Vodafone's Tower Unit, Valued In The Billions
- The JV will then make a takeover offer for outstanding shares in Vantage.
- The deal represents a premium of 19% to Vantage Towers' 3-month volume weighted average share price.
- Saudi Arabia's Public Investment Fund helped to fund the deal, Bloomberg reports. KKR and GIP competed with various other financial and strategic bidders for Vantage, including a consortium of Spanish telecommunications group Cellnex Telecom SA (OTC:CLLNY) and Singapore's sovereign wealth fund GIC Pte.
- The report added that the telecom operators shift the assets to help raise funds for fiber-optic rollouts and wireless upgrades.
- Price Action: VOD shares traded lower by 2.34% at $12.08 in the premarket on the last check Wednesday.
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- 沃達豐集團(納斯達克:VoD)同意將其塔樓部門的部分股權出售給KKR&Co Inc.(紐約證券交易所股票代碼:KKR)和Global Infrastructure Partners的估值為162億歐元(合163億美元)。
- 這家英國電信集團宣佈以每股32歐元的價格收購Vantage Towers AG(場外交易:VTAGY)。
- 沃達豐將把其在Vantage的81.7%股份轉移到與KKR和GIP的一家新合資企業中。
- 另請閲讀: 私募股權公司正蜂擁至沃達豐價值數十億美元的Tower部門
- 然後,合資公司將對Vantage的流通股提出收購要約。
- 這筆交易較Vantage Towers三個月成交量加權平均股價溢價19%。
- 據彭博社報道,沙特阿拉伯的公共投資基金為這筆交易提供了資金。KKR和GIP與Vantage的其他各種財務和戰略競購者展開競爭,其中包括西班牙電信集團的一個財團CellneX電信公司(場外交易代碼:CLLNY)和新加坡主權財富基金GIC Pte。
- 報告補充説,電信運營商轉移資產是為了幫助籌集光纖鋪設和無線升級所需的資金。
- 價格行動:在週三的最後一次檢查中,VOD股價在盤前交易中下跌2.34%,至12.08美元。
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