Who is in the running to acquire FPS Towers?

With a ‘long list’ of 10 bidders for the currently in the running for FPS’s portfolio, and only two of those parties to date have announced their involvement in the process (Cellnex and 3i with Wireless Infrastructure Group), we’ve taken a look at who’s declared their hand and who else may be in the running.

Read this article to learn:

  • What FPS has to offer to different classes of bidder
  • Which bidders have announced their interest in FPS
  • Potential synergies with towerco buyers
  • Why FPS represents a great opportunity for infrastructure investors

Who has announced they’re bidding? 3i, through UK asset Wireless Infrastructure Group (WIG), has bid as part of their strategy to build a European mid-market tower platform driven by entrepreneurial local management teams. Supported by 3i and their other institutional shareholder, Barings Asset Management, WIG’s proposition would allow the highly entrepreneurial FPS team to retain…

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