Gibson Dunn Advises CriteriaCaixa on €612m Private Placement of Cellnex Telecom Shares

June 11, 2024

Gibson, Dunn & Crutcher advised CriteriaCaixa, a shareholder in some of Spain’s largest companies, on the sale of approximately 2.6% of its holding in Cellnex Telecom, a leading operator of wireless telecommunication infrastructures. Gibson Dunn acted alongside Uría Menendez.

The private placement, which amounted to a total of €612 million, was conducted by J.P. Morgan by means of an accelerated book-building process that was exclusively addressed to qualified investors.

The Gibson Dunn corporate team advising CriteriaCaixa comprised Hugo Hernández-Mancha and Cason Moore. The Uría Menendez team comprised Alfonso Ventoso, Beatriz Camilleri and Alejandro Samaniego.