
Mobile masts giant Arqiva eyes £6bn float
The communications infrastructure giant which owns thousands of mobile phone masts across Britain has lined up a quartet of banks to prepare a bumper London stock market listing.Sky News has learnt that Arqiva, which is owned by a consortium of Australian and Canadian investors, has appointed Barclays, Goldman Sachs, HSBC and JP Morgan to oversee the plan.The recruitment of the syndicate of banks comes as Arqiva's existing shareholders hold talks with a number of infrastructure investors which have expresed buying the company.The so-called dual-track process - which could result in either a float or a sale of Arqiva - is at an early stage and may not be concluded until next year.Arqiva operates more than 8,000 sites across the UK, with its mobile masts used by customers including EE, O2 ...