Speculation on the future ownership make up of Vodafone Group’s spun-off business Vantage Towers re-emerged, with Bloomberg reporting a number of private equity companies were competing for a stake in the company.
The news website claimed KKR, Global Infrastructure Partners and EQT Group were among the companies assessing making a bid for a share of Vantage Towers.
It noted although it was unclear the size of the stake, if any, Vodafone was willing to part with, several suitors were targeting a majority share.
Since founding the business to host its towers across Europe in 2020, Vodafone has publicly listed a minority stake which valued the whole of Vantage Towers at €12.1 billion.
Following that sale, Vodafone retained an almost 82 per cent share.
The latest speculation is not the first-time big-name investors have been linked with investing in the company.
In March, Reuters reported Brookfield Asset Management and Global Infrastructure Partners had submitted unsolicited offers for an unspecified stake.