tiprankstipranks
Helios Towers Sees Major Stake Increase by Helikon Investments
Company Announcements

Helios Towers Sees Major Stake Increase by Helikon Investments

Story Highlights

Stay Ahead of the Market:

Helios Towers ( (GB:HTWS) ) has shared an update.

Helios Towers PLC has announced a significant acquisition or disposal of financial instruments, as Helikon Investments Limited has increased its stake in the company to 5.126850% through cash-settled equity swaps. This change in holdings, effective from January 6, 2025, positions Helikon Investments as a major stakeholder, potentially influencing the strategic direction and financial decisions of Helios Towers.

More about Helios Towers

Helios Towers PLC is a UK-based company operating in the telecommunications infrastructure industry. It primarily focuses on providing tower infrastructure services, supporting the expansion of mobile networks across various regions.

YTD Price Performance: -1.29%

Average Trading Volume: 23,678

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.23B

See more insights into HTWS stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskHelios Towers Strengthens Leadership in Oman with New Executive Chair Appointment
TipRanks UK Auto-Generated NewsdeskHelios Towers’ Director Transfers Shares to LLC
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App