Epsilon M&A Deal Report - Bouygues Portfolio of 1,800 Towers
Transaction Multiples for the Valuation of Private Companies
Cellnex Telecom / Bouygues Portfolio of 1,800 Towers
No EMAT :
88347
Announced Date :
31/01/2017
Type :
Acquisition of Majority Stake
Deal Value :
Yes
Acquirer :
Cellnex Telecom
Target :
Bouygues Portfolio of 1,800 Towers
Country :
France
Sector of activity :
- Telecommunication Services > Cable / Fixe Line Telecom
- Telecommunication Services > Mobile & Wireless Telecom Services
Business Description :
Comprises 1,800 telecoms towers of Bouygues SA. > Involves urban sites in the main cities of France (c.85% located in areas with a population above 400,000 inhabitants)
Transaction multiples available
| EV/ Sales |
EV/ Gross Profit |
EV/ EBITDA |
EV/ EBIT |
Eq/ PBT |
P/E | Price to Book |
Specific multiple(s) |
|
|---|---|---|---|---|---|---|---|---|
| Historic | 
|
|||||||
| Current | ns |
Rating :
***
|
|
Multiple available |
| n.s. | Multiple calculated, but not significant |
Source: Epsilon Research / EMAT
Comparable Transactions
- Number of EMAT Reports / sub-sector « Cable / Fixe Line Telecom » = 76
- Number of EMAT Reports / sub-sector « Mobile & Wireless Telecom Services » = 105
| Date | Acquirer | Target | Country | Multiples | See details |
| 21/04/2016 | Telxius Telecom | Telxius Towers Germany | Germany | *** | 88319 |
| 27/05/2016 | Cellnex Telecom | Protelindo Netherlands | Netherlands | *** | 88310 |
Source: Epsilon Research / EMAT
