Investment firm EQT nears deal to buy Radius Global Infrastructure - Bloomberg News (updated)

Radius Global Infrastructure

27/02/2023 20:14

(Adds details from report)
       Feb 27 (Reuters) - An investor group led by EQT AB
 EQTAB.ST  is nearing a deal to buy Radius Global Infrastructure
Inc  RADI.O  that could value the company at about $1.33
billion, Bloomberg News reported, citing people familiar with
the matter. 
    EQT is discussing paying more than $14 per share for Radius
Global, and could announce a take-private deal as soon as this
week, according to the report.
    Shares of Radius Global, which leases cell sites to
wireless-tower companies and mobile-network operators, rose
16.8% to $13.70 in afternoon trade on Monday, giving the company
a market value of about $1.31 billion. 
    EQT and Radius Global did not immediately respond to a
Reuters request for comment. 

 (Reporting by Kannaki Deka in Bengaluru; Editing by Shinjini
Ganguli)
 ((Kannaki.Deka@thomsonreuters.com;))