Spain's Cellnex gets storming investor support for British towers buy
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LONDON (Reuters) - Investors gave their unstinting support to Spanish firm Cellnex's purchase of the telecoms division of Britain's Arqiva, providing enough demand to cover a 2.5 billion euro (£2.2 billion) fundraising package 38 times over, Cellnex said. The deal bodes well for future acquisitions in a sector that analysts say is ripe for consolidation.Cellnex offered 86.2 million shares to existing shareholders but received enough demand to sell as many as 3.2 billion, making it one of the..