0
General

F2i to acquire EI Towers, Mediaset to maintain minority stake

Tuesday 17 July 2018 | 10:18 CET | News
Italian infrastructure fund F2i has launched a takeover bid for EI Towers, the operator of the TV transmission network and over 1,000 mobile towers in Italy. Mediaset has decided to convert its stake of 40 percent in EI Towers into a "significant minority" stake in 2i Towers, the special purpose vehicle set up by F21 to conduct the EI Towers acquisition. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Mediaset
Countries: Italy
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Mediaset FY sales dip to EUR 3.4 bln, profits soar on EI Towers deal

Published 14 Mar 2019 10:16 CET | Italy
Italian broadcaster Mediaset reported revenues of EUR 3.40 billion in 2018, a slight decline from EUR 3.55 billion in 2017 due to ...

Shares in EI Towers delisted following F2i-Mediaset takeover

Published 22 Oct 2018 08:34 CET | Italy
Shares in Italian tower operator EI Towers have been delisted after infrastructure fund F2i and Mediaset successfully completed ...

F2i-Mediaset launch EI Towers takeover

Published 28 Aug 2018 08:42 CET | Italy
Italian infrastructure fund F2i and Mediaset have officially launched their voluntary takeover bid for the shares of tower ...

Italian government will not block EI Towers takeover

Published 13 Aug 2018 10:33 CET | Italy
The government will not block the takeover bid for Italian tower operator EI Towers by infrastructure fund F2i and Mediaset, ...

EI Towers board approves F2i takeover offer

Published 03 Aug 2018 08:58 CET | Italy
The board of directors of Italian tower operator EI Towers has approved the share price of EUR 57 offered by Italian ...

Mediaset ad sales up 4%, profit plunges to EUR 42.8 mln in H1

Published 30 Jul 2018 08:55 CET | Italy
Italian broadcaster Mediaset reported revenues of EUR 1.85 million in the first 6 months of the year, flat year on year, in the ...

Rai Way still interested in bidding for Persidera

Published 27 Jul 2018 08:58 CET | Italy
Rai's towers subsidiary Rai Way has announced that it's still interested in bidding for Persidera, the former Telecom Italia ...

Inwit first-half revenues up 8.7% to EUR 189 mln

Published 24 Jul 2018 08:23 CET | Italy
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 188.9 million in the six months to ...

Abertis closes sale of 30% Cellnex stake to Benetton

Published 13 Jul 2018 09:10 CET | Italy
Spanish toll-road operator Abertis has closed the sale of its 29.9 percent stake in Spanish towers operator Cellnex to the ...

EI Towers revenues up 4% in Q1, confirms FY targets

Published 04 May 2018 09:10 CET | Italy
Mediaset-owned EI Towers reported revenues of EUR 67.4 million in the first quarter, up 4.3 percent compared to the year-earlier ...

EI Towers CEO denies Towertel sale rumours

Published 24 Apr 2018 15:13 CET | Italy
The chief executive of Mediaset-owned EI Towers has denied press rumours that the company is looking to sell off its Towertel ...

EI Towers signs EUR 270 mln loan to repay debt

Published 27 Sep 2017 15:31 CET | Italy
Mediaset-owned EI Towers announced that its board approved the signing of a loan agreement for up to EUR 270 million from a pool ...

F2i aquires 90% of KPNQwest Italia

Published 27 Sep 2017 13:52 CET | Italy
A joint venture between Italian infrastructure fund F2i and pan-European equity fund Marguerite has announced the acquisition of ...

Italy's F2i acquires broadband providers MC-link and Infracom

Published 01 Aug 2017 15:04 CET | Italy
A joint venture between Italian infrastructure fund F2i and pan-European equity fund Marguerite has announced the acquisition of ...

Italy's Enel signs binding agreements to buy Metroweb

Published 11 Oct 2016 09:10 CET | Italy
Italian utility giant Enel has announced the signing of the binding accords for the acquisition of Metroweb, the Milan-based ...