(Oct 10): Edizione, the holding company of Italy’s Benetton family, said on Tuesday it had sold 20% of an investment vehicle through which it holds 29.9% of Spanish tower group Cellnex to a unit of Singapore’s sovereign fund GIC.

See: Italy's Benettons tap GIC among bidders for Cellnex holding vehicle: sources

The deal follows the acquisition of another 20% stake in the investment vehicle called ConnecT by Abu Dhabi fund ADIA announced last week.

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