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Spain's Cellnex explores strategic options, Bloomberg News reports
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July 23 (Reuters) - Mobile phone tower group Cellnex is studying strategic options including taking the company private or a merger with a competitor, Bloomberg News reported on Thursday.
The company's shares jumped over 5% after Bloomberg News report.
Cellnex was not immediately available for comment.
In the past year, Cellnex management held early talks with an investor group backed by DigitalBridge Group Inc and Deutsche Telekom AG about the possibility of a deal, the report said, citing people familiar with the matter.
DigitalBridge Group and Deutsche Telekom could not immediately be reached for comment.