Mundys Plans to Boost Stake in Channel Tunnel Operator Getlink

Mundys SpA is close to unveiling a plan to increase its stake in Channel Tunnel operator Getlink SE, people with knowledge of the matter said, in a move aimed at deepening the Italian infrastructure group’s investments in France.

Rome-based Mundys, which currently holds about 15.5% of Paris-listed Getlink, could raise its stake through several steps, the people said. An announcement could come as soon as Tuesday, the people said, asking not to be identified discussing confidential information.