Published by Global Banking & Finance Review®
Posted on October 17, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleCellnex has agreed to sell its French data center unit to Vauban Infra Fibre for €391 million, marking a strategic shift to focus on core operations.
(Reuters) -Spain's Cellnex said on Friday that it has signed a put option agreement to sell all its 99.99% share capital in Towerlink France to Vauban Infra Fibre for 391 million euros ($458 million).
The deal, made through the French subsidiary of Europe's largest mobile phone tower operator, will be fully paid in cash on the closing date of the transaction.
In September, Reuters reported - citing people familiar with the matter - that Cellnex was discussing with advisers a potential sale of its data center business in France to focus on its core business as it shifts strategy from acquisitions to bolstering its finances.
Towerlink France is the company responsible for Cellnex's main data center operations in France.
Earlier this year, Cellnex sold its Austrian business for an enterprise value of 803 million euros and its Irish unit for 971 million euros.
($1 = 0.8538 euros)
(Reporting by Joao Manuel Mauricio in GdanskEditing by Tomasz Janowski)
A put option is a financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.
A cash transaction is a financial exchange where payment is made immediately in cash, rather than through credit or other forms of payment. This type of transaction is common in retail and personal finance.
Enterprise value is a measure of a company's total value, often used as a comprehensive alternative to equity market capitalization. It includes the company's market cap, debt, and excludes cash and cash equivalents.
A subsidiary is a company that is controlled by another company, known as the parent company. The parent company typically owns more than 50% of the subsidiary's stock, allowing it to influence its operations.
A data center is a facility used to house computer systems and associated components, such as telecommunications and storage systems. It is crucial for managing and storing large amounts of data.
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