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Stock impact report

Tele2 Said to Weigh €500 Million Sale of Baltic Mobile Towers [Yahoo! Finance]

Perella Weinberg Partners - Class A (PWP) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg New York Subway Ditches MetroCard After 32 Years for Tap-And-Go Despite Cost-Cutting Moves, Trump Plans to Remake DC in His Style LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs Amtrak CEO Departs Amid Threats of a Transit Funding Pullback NYC Plans for Flood Protection Without Federal Funds Tele2 is working with Perella Weinberg Partners on the potential divestment of its telecom towers portfolio in Estonia, Latvia and Lithuania, said the people, who asked not to be identified as the information is private. A sale process has kicked off recently and private equity firms could be potentially interested, the people said. Deliberations are ongoing and may not result in a transaction, the people said. A spokesperson for Tele2 said the company is “always investigating various opportunities to strengthen the business,” declining to comment further. A representative for Perella Weinberg declined to comment. Tele2 mainly operates in Sw Show less Read more
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