EQT Is Said to Start Stake Sale in Radius’ Italian Unit (1)

Swedish private equity firm EQT AB has kicked off the sale of a significant minority stake in the Italian unit of digital infrastructure provider Radius Global Infrastructure, according to people familiar with the matter.

The Stockholm-listed firm is working with UBS Group AG to reach out to prospective bidders, the people said, asking not to be identified because the information is private. The Italian operations, which lease properties to wireless carriers, tower companies and other digital infrastructure operators, could be valued at more than €1 billion ($1.2 billion), the people said.

Radius Italy could attract interest from international infrastructure ...