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Four bidders in the running for TIM's Persidera unit - report

Wednesday 13 December 2017 | 10:01 CET | News
Four parties are currently in the running for the majority stake in broadcasting company Persidera put up for sale by Telecom Italia (TIM), reports business daily Il Sole 24 Ore. Bidders include Italian infrastructure fund F2i as well as Mediaset's EI Towers and Rai's towers subsidiary RaiWay, both of which are likely to team up with private equity group due to antitrust issues. The report also suggests US media company Discovery Communications could be interested in bidding for the controlling stake.

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Categories: Broadcast & Satellite
Companies: Discovery Communications / European Commission / Mediaset / RAI / Telecom Italia / Vivendi
Countries: Italy
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