American Tower Corp weighs offer for stake in Vodafone Towers unit

American Tower Corp. is weighing entering the race for a stake in Vodafone Group Plc’s €13 billion ($12.6 billion) wireless towers unit, people familiar with the matter said. 
 

The US telecommunication infrastructure operator is exploring a possible investment in Frankfurt-listed Vantage Towers AG, the people said, asking not to be identified discussing confidential information. 

Vodafone plans to sell part of its roughly 82% interest in Vantage and has invited suitors to participate in an auction process. Private equity firms KKR & Co., Global Infrastructure Partners and EQT AB are already in the running, Bloomberg News reported last month. Spain’s Cellnex