Salt Sells Phone Towers to Cellnex for €0.7 Billion
London – Paul Hastings LLP, a leading global law firm, announced today that it has advised Salt Mobile SA, on the sale of a 90% equity interest in the company owning Salt’s passive mobile infrastructure in Switzerland – “Salt TowerCo” – for a cash consideration of CHF 0.8 billion (€0.7 billion equivalent), to Spanish tower operator Cellnex Telecom SA.
Please see Salt’s official company announcement
The Paul Hastings team advising Salt was led by London corporate partner
Paul Hastings has advised NJJ‑controlled companies on several other major deals, including the acquisition of a majority stake in Monaco Telecom,
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