Cellnex
Hivory
Advisor to Cellnex in the acquisition of Hivory from Altice and KKR
AZ Capital has advised Cellnex in the acquisition of Hivory, a French tower company operating a portfolio of c. 10,500 sites. The transaction involves an initial investment of c. €5,2 Bn. In addition, a site roll-out program has been agreed with Altice for the deployment of up to 2,500 sites over the next eight years, which will represent an additional investment of c .€900 MM.
Sector: Infrastructures
go to sector2021
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![bandera](https://wordpress.azcapital.com/wp-content/uploads/2023/01/Mask-group-2.png)
![logo](https://wordpress.azcapital.com/wp-content/uploads/2023/01/Cellnex.jpg)
Buy-side advisory
![logo](https://wordpress.azcapital.com/wp-content/uploads/2023/01/Hivory.jpg)
€6,1 Bn