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Asterion acquires 24% of Italy's Retelit for EUR 93 mln

Thursday 1 October 2020 | 11:33 CET | News
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Spanish infrastructure fund Asterion Industrial Partners has agreed to acquire 24.1 percent of Italian telecommunications infrastructure provider Retelit for a total of EUR 92.6 million. In a statement, Asterion said the transaction will be carried out via its indirectly owned fund Marbles Srl, which will buy a 13.86 percent stake in Retelit from the Fiber 4.0 consortium controlled by the funds Athena Capital Fund, Oak Tree and Pilota, at a price of EUR 2.85 a share. It also agreed to acquire a further 9.99 percent of Retelit from Axxion and 0.24 percent from Frankfurter at EUR 2.55 a share.

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Categories: Fixed
Companies: Retelit
Countries: Italy / Spain
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