BCN-03 Vodafone says tower business could be worth 14.7 bn euros at float

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ZCZC

BCN-03

BRITAIN-GERMANY-STOCK-TELECOMMUNICATION-VODAFONE-VANTAGE

Vodafone says tower business could be worth 14.7 bn euros at float

LONDON, March 9, 2021 (BSS/AFP) – British mobile phone giant Vodafone said
Tuesday it had set the price range for the upcoming German stock market
flotation of its towers business, valuing the unit at up to 14.7 billion
euros ($17.4 billion).

The share price range “implies a total market capitalisation for Vantage
Towers of 11.4 billion euros to 14.7 billion euros”, Vodafone said in a
statement.

BSS/AFP/MSY/1343 hrs