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Italy's Gedi rejects F2i-Rai Way bid for Persidera stake

Monday 5 March 2018 | 15:20 CET | News
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Italian publisher Gruppo Editoriale L'Espresso (Gedi) has rejected a binding bid for its 30 percent stake in Persidera, the former Telecom Italia Media Broadcasting company, describing it as insufficient. "The offer was not considered to be in line with expectations and was thus rejected," said the company in a statement, adding that "contacts are currently under way with other investors and possible offers will be evaluated accordingly."

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Categories: Broadcast & Satellite
Companies: RAI / Telecom Italia / Telecom Italia Media / TIM
Countries: Italy
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