Wednesday, March 31, 2021
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Cellnex’s capital increase deepens the loss of weight of the Benettons: the GIC fund is already the first shareholder

Record figure of 7 billion


The council agrees on the expansion that the Italian Edizione, of the Benettons, will not attend, which also has just sold a package to the GIC fund. These, with 9.5%, gain strength as the first shareholder of the telecommunications company

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Cellnex antenna, in Torrespaa, where Pirul (Madrid) is located.REUTERS
Cellnex Telecom has agreed on its board of directors to increase its capital for the amount of 7,000 million euros, after the approval obtained at the company’s general meeting of shareholders. The largest capital increase in the history of this Spanish company will underpin a substantial change in the structure: the Benetton family ceases to be the first shareholder for the Singapore sovereign fund to occupy that first place.

The telecommunications company based in Barcelon

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