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Broadband

CDP plans exclusive talks with Enel over Metroweb - report

Thursday 26 May 2016 | 08:48 CET | News
The board of Italian state lender Cassa Depositi e Prestiti (CDP) has decided to enter into exclusive talks with utility giant Enel rather than Telecom Italia over the sale of its stake in broadband provider Metroweb, according to unnamed sources cited by Bloomberg. Enel has tabled a new EUR 814 million offer for Metroweb to match Telecom Italia's bid, said the sources, adding that the board has given chairman Claudio Costamagna and CEO Fabio Gallia the mandate to discuss the stake exclusively with Enel.

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Categories: Fixed
Companies: Enel / Metroweb / Telecom Italia
Countries: Italy
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