--Infrastructure funds have approached Vodafone Group PLC with the aim of investing in its Vantage Towers AG telecommunications company, Reuters reports, citing unnamed sources.

--Global Infrastructure Partners LLC and Brookfield Asset Management Inc. are among the bidders, which have submitted unsolicited proposals for a majority stake in Vantage Towers, valuing it at a premium to its current valuation of 15 billion euros ($16.64 billion), Reuters says.

--Vodafone is evaluating the proposal but hasn't taken a decision yet, according to Reuters.

 

Full story: https://reut.rs/3Ji2Lam

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

March 18, 2022 05:08 ET (09:08 GMT)

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