RADI - Radius Global gains on report of talks continuing in potential takeover

• Radius Global Infrastructure ( NASDAQ: RADI ) rose 3.4% in after hours trading on a report that talks with EQT Infrastructure and PSP Investments are continuing on a potential takeover.
• Radius ( RADI ) is expected to finish its month-long sale discussions by the end of next month, according a Dealreporter item. Potential bidders and Radius have had differing opinions on valuation, which has pushed the talks into this year.
• Last year several bidders withdrew from the sales process and a pension fund walked away from the sale last month, according to the report.
• The latest update comes after Bloomberg reported in November that EQT was in talks to purchase Radius ( RADI ), a lessor of cell sites to wireless-tower operators. Bloomberg first reported in May that Radius Global ( RADI ) was exploring a sale.
• Radius ( RADI ) is scheduled to report its Q4 results on Feb. 28.

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