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LONDON - Helios Investment Partners Fund II announced Monday its intention to sell approximately 3.9% of the issued share capital of Helios Towers plc through an accelerated bookbuilding process to institutional investors.
The sale represents approximately 41 million shares in the telecommunications infrastructure company, according to a press release statement. The transaction is intended to fully exit Fund II and certain Limited Partners (LPs) from their remaining holdings in Helios Towers.
Fund II will sell its entire holding of approximately 39 million shares, while the Selling LPs will divest approximately 2 million shares. The sale is being conducted through Lath Holdings Ltd, which acts as the Selling Shareholder.
The price per share will be determined through the bookbuilding process, which commenced immediately following the announcement. BofA Securities and Jefferies International Limited have been appointed as Joint Global Coordinators and Joint Bookrunners for the transaction.
Helios Towers has indicated its intention to participate in the placing by purchasing up to 10% of the offered shares under its existing buyback program announced on November 6, 2025. Any shares acquired by Helios Towers will be canceled.
The placing remains subject to demand, price, and market conditions, with no assurance that it will proceed as planned. Results of the placing will be announced after the bookbuilding process concludes.
Other limited partners in Fund II not participating in the placing collectively hold approximately 14 million shares across approximately 20 individuals and entities, according to the announcement.
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