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General

Exprivia makes new offer to acquire Italtel

Tuesday 11 October 2016 | 14:43 CET | News
Italian IT services group Exprivia announced that it has made a new offer to acquire a controlling stake in telecommunications network provider Italtel and has requested an extension to the exclusive period of negotiations until 30 November. Earlier this year, Italian daily Il Sole 24 Ore reported that Exprivia was in talks to buy a 64 percent stake in Italtel owned by the banks UniCredit, Banca Popolare di Milano, GE Capital and Banco Popolare. Cisco and Telecom Italia also own Italtel stakes of 33 percent and 3 percent respectively.

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Categories: General
Companies: Exprivia / Italtel
Countries: Italy
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