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Italian regulator to probe EI Towers bid for RaiWay

Thursday 12 March 2015 | 09:37 CET | News
Italy's anti-trust and competition regulator AGCM has announced that it will be investigating EI Towers' EUR 1.23 billion bid to acquire rival tower operator RaiWay. The aim is to "ascertain the possible creation or strengthening of a dominant position in the TV and radio broadcasting infrastructure market" said the regulator in a statement. The investigation must be completed within 45 days, said the regulator. Last week it asked EI Towers' parent company Mediaset for clarification and additional information on the proposed takeover bid, which is also being examined by Italian telecoms

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Categories: Broadcast & Satellite
Companies: EI Towers / Mediaset / RAI / RaiWay
Countries: Italy
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