Cellnex Telecom SAhas kicked off a sale of its majority stake in its Swiss business, which could fetch as much as €2 billion ($2.2 billion), according to people with knowledge of the matter.
Cellnex is working with JPMorgan Chase & Co. and Societe Generale SAon the potential sale, the people said, asking not to be identified as information is private. Marketing materials were sent out last week, they said.
DigitalBridge Group and Phoenix Tower International have shown preliminary interest in the asset, according to the people. Infrastructure investors and industry players including EQT AB, SBA Communications Corp. ...
