EQT AB (publ) (OM:EQT) is in talks to acquire Radius Global Infrastructure, Inc. (NasdaqGM:RADI), which leases cell sites to wireless-tower companies and mobile-network operators, according to people with knowledge of the matter. EQT is speaking to banks about financing, said the people, who requested anonymity discussing private information. No deal has been reached and talks could still collapse, the people said.

The company, led by Chief Executive Officer Bill Berkman, has been exploring strategic options including a sale since at least May 2022, Bloomberg News reported. Representatives for EQT and Radius declined to comment.