AZ Capital served as the buy side advisor to Phoenix Tower International in the acquisition of the Ireland business of Cellnex

In a transaction valued at € 971m, AZ Capital served as financial advisor to Phoenix Tower International LLC, the United States-based wireless telecommunication tower operator, announced it had agreed to acquire Cellnex’s business in Ireland for €971m. The closing of this transaction is subject to regulatory approvals.

12 Nov 24: CCPC has issued its preliminary assessment and the full investigation is expected to conclude no later than February 2025.

Advised in the sale of

Cellnex Telecom SA (Ireland business) (100% Stake)

to

Phoenix Tower International

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