\"\"
<\/span><\/figcaption><\/figure>By Arno Schuetze, Pamela Barbaglia and Abhinav Ramnarayan

FRANKFURT\/LONDON: UBS<\/a> and Morgan Stanley<\/a> are expected to organise the lucrative listing of Vodafone<\/a>'s European towers unit - a deal that could value the entire business at up to 16 billion euros ($18 billion), sources familiar with the matter said.

The two banks boast a close relationship with
Vodafone<\/a> and both pitched to become joint global coordinators in the listing, which is expected early next year, the sources said.

Goldman Sachs has also pitched for a top job in the initial public offering (IPO) and hopes to be in the driving seat, they said.

Vodafone and
Morgan Stanley<\/a> declined to comment, while UBS<\/a> and Goldman Sachs were not available.

Goldman recently worked on a possible sale of a stake in Cornerstone Telecommunications Infrastructure Limited (CTIL), a joint venture between Vodafone and
Telefonica<\/a> which runs Telefonica<\/a>'s UK tower assets as well as sites in countries including Spain, Germany and Brazil.

Vodafone said last year it wanted to carve out its mobile masts in Europe into a new company worth upwards of 18 billion euros, with a view to listing a minority stake.

The new entity will include Vodafone's stake in Italian mobile tower group INWIT, three of the sources said, adding the London-based firm was working to transfer its INWIT interests into the new business.

One of the sources said Vodafone's towers business was expected to have an enterprise value of 12 to 16 billion euros.

He added Vodafone could raise 3 to 4 billion euros from the share sale, which is likely to take place in Frankfurt given Vodafone's strong presence in Germany, where it recently purchased
Liberty Global<\/a>'s cable networks.

European IPOs raised just $5.6 billion in the first half of 2020, the lowest since 2012, Refinitiv data shows.

But the telecoms
industry<\/a> has proved resilient during the coronavirus<\/a> pandemic, with telecoms operators involved in a series of large deals including the $38 billion merger of Liberty Global<\/a> and Telefonica's British businesses.
<\/body>","next_sibling":[{"msid":77024182,"title":"Pandemic nearly halves India smartphone shipments in June quarter; Samsung most impacted: Report","entity_type":"ARTICLE","link":"\/news\/smartphone-shipments-in-india-fell-48-in-q2-apple-least-impacted-canalys\/77024182","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":77024272,"entity_type":"ARTICLE","title":"UBS, Morgan Stanley expected to lead Vodafone Tower IPO - sources","synopsis":"UBS and Morgan Stanley are expected to organise the lucrative listing of Vodafone's European towers unit - a deal that could value the entire business at up to 16 billion euros ($18 billion), sources familiar with the matter said.","titleseo":"telecomnews\/ubs-morgan-stanley-expected-to-lead-vodafone-tower-ipo-sources","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":14624,"shares":0,"engagementtimems":13795000,"url":"https:\/\/ettelecom.indiatimes.com\/telecomnews\/ubs-morgan-stanley-expected-to-lead-vodafone-tower-ipo-sources\/articleshow\/77024272.cms"},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2020-07-17 21:52:05","lastupd":"2020-07-17 21:54:58","breadcrumbTags":["vodafone towers","vodafone european tower","Liberty Global","Telefonica","ubs","coronavirus","Industry","Morgan Stanley","Vodafone"],"secinfo":{"seolocation":"telecomnews\/ubs-morgan-stanley-expected-to-lead-vodafone-tower-ipo-sources"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-07-17" data-index="article_1">

瑞银、摩根士丹利(Morgan Stanley)预计将导致沃达丰塔IPO——来源

瑞银(UBS)和摩根士丹利(Morgan Stanley)预计组织的清单沃达丰的欧洲塔单位达成协议,将整个业务价值高达160亿欧元(180亿美元),知情人士说。

  • 更新于2020年7月17日09:54点坚持
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士
阿诺Schuetze,帕梅拉Barbaglia当中阿

路透法兰克福/伦敦:瑞银(UBS)摩根士丹利(Morgan Stanley)预计组织的利润丰厚的清单吗沃达丰(Vodafone)的欧洲塔单位达成协议,将整个业务价值高达160亿欧元(180亿美元),知情人士说。

这两家银行拥有密切的关系沃达丰(Vodafone)和定位成为联席全球协调人上市,预计明年初,消息人士说。

高盛(Goldman Sachs)也为最高职位的首次公开发行(IPO),希望在驾驶座位上,他们说。

广告
沃达丰(Vodafone)和摩根士丹利(Morgan Stanley)拒绝置评,而瑞银(UBS)和高盛(Goldman Sachs)目前还不清楚。

高盛最近做的一个基石电信基础设施可能出售股份有限(CTIL)、沃达丰(Vodafone)和之间的合资企业西班牙电话公司运行西班牙电话公司英国塔的资产以及网站的国家包括西班牙、德国和巴西。

沃达丰(Vodafone)说,去年它想开拓移动桅杆在欧洲变成一个新公司价值高达180亿欧元,以清单的少数股权。

新实体将包括沃达丰的意大利移动塔集团股份良知,三个来源说,总部位于伦敦的公司正在努力理解利益转移到新的业务。

一名消息人士表示,沃达丰的塔业务预计将有12到160亿欧元的企业价值。

他补充说沃达丰可能提高3 - 40亿欧元的股票出售,这是可能发生在法兰克福给沃达丰在德国,最近买了自由的全球有线电视网络。

欧洲ipo筹集了56亿美元在2020年上半年,自2012年以来的最低,Refinitiv数据显示。

但是电信行业证明了弹性在吗冠状病毒大流行,与电信运营商参与一系列大型交易,其中包括380亿美元的合并自由的全球英国和西班牙电信的业务。
  • 发布于2020年7月17日09:52点坚持

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\"\"
<\/span><\/figcaption><\/figure>By Arno Schuetze, Pamela Barbaglia and Abhinav Ramnarayan

FRANKFURT\/LONDON: UBS<\/a> and Morgan Stanley<\/a> are expected to organise the lucrative listing of Vodafone<\/a>'s European towers unit - a deal that could value the entire business at up to 16 billion euros ($18 billion), sources familiar with the matter said.

The two banks boast a close relationship with
Vodafone<\/a> and both pitched to become joint global coordinators in the listing, which is expected early next year, the sources said.

Goldman Sachs has also pitched for a top job in the initial public offering (IPO) and hopes to be in the driving seat, they said.

Vodafone and
Morgan Stanley<\/a> declined to comment, while UBS<\/a> and Goldman Sachs were not available.

Goldman recently worked on a possible sale of a stake in Cornerstone Telecommunications Infrastructure Limited (CTIL), a joint venture between Vodafone and
Telefonica<\/a> which runs Telefonica<\/a>'s UK tower assets as well as sites in countries including Spain, Germany and Brazil.

Vodafone said last year it wanted to carve out its mobile masts in Europe into a new company worth upwards of 18 billion euros, with a view to listing a minority stake.

The new entity will include Vodafone's stake in Italian mobile tower group INWIT, three of the sources said, adding the London-based firm was working to transfer its INWIT interests into the new business.

One of the sources said Vodafone's towers business was expected to have an enterprise value of 12 to 16 billion euros.

He added Vodafone could raise 3 to 4 billion euros from the share sale, which is likely to take place in Frankfurt given Vodafone's strong presence in Germany, where it recently purchased
Liberty Global<\/a>'s cable networks.

European IPOs raised just $5.6 billion in the first half of 2020, the lowest since 2012, Refinitiv data shows.

But the telecoms
industry<\/a> has proved resilient during the coronavirus<\/a> pandemic, with telecoms operators involved in a series of large deals including the $38 billion merger of Liberty Global<\/a> and Telefonica's British businesses.
<\/body>","next_sibling":[{"msid":77024182,"title":"Pandemic nearly halves India smartphone shipments in June quarter; Samsung most impacted: Report","entity_type":"ARTICLE","link":"\/news\/smartphone-shipments-in-india-fell-48-in-q2-apple-least-impacted-canalys\/77024182","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":77024272,"entity_type":"ARTICLE","title":"UBS, Morgan Stanley expected to lead Vodafone Tower IPO - sources","synopsis":"UBS and Morgan Stanley are expected to organise the lucrative listing of Vodafone's European towers unit - a deal that could value the entire business at up to 16 billion euros ($18 billion), sources familiar with the matter said.","titleseo":"telecomnews\/ubs-morgan-stanley-expected-to-lead-vodafone-tower-ipo-sources","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":14624,"shares":0,"engagementtimems":13795000,"url":"https:\/\/ettelecom.indiatimes.com\/telecomnews\/ubs-morgan-stanley-expected-to-lead-vodafone-tower-ipo-sources\/articleshow\/77024272.cms"},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2020-07-17 21:52:05","lastupd":"2020-07-17 21:54:58","breadcrumbTags":["vodafone towers","vodafone european tower","Liberty Global","Telefonica","ubs","coronavirus","Industry","Morgan Stanley","Vodafone"],"secinfo":{"seolocation":"telecomnews\/ubs-morgan-stanley-expected-to-lead-vodafone-tower-ipo-sources"}}" data-news_link="//www.iser-br.com/news/ubs-morgan-stanley-expected-to-lead-vodafone-tower-ipo-sources/77024272">