ADIA Acquires Stake in Cellnex
Posted on 10/05/2018
Infinity Investments, a sovereign wealth enterprise of the Abu Dhabi Investment Authority (ADIA), acquired a 20% stake in Spanish tower group Cellnex from Edizione, the holding company of Italy’s Benetton family. Edizione holds a 29.9% in Cellnex. It is estimated that ADIA spent 1 billion EUR for the stake. In this transaction, ADIA was advised […]
