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Broadband

Metroweb seeks advisors over sale plans - report

Wednesday 21 January 2015 | 14:03 CET | News
Italian broadband provider Metroweb has sent out letters of invitation to a number of leading banking firms requesting advisory services over its possible merger with Telecom Italia or Vodafone. Italian daily Il Messaggero reports that the letters were sent to Lazard, HSBC, Rothschild and Leonardo & Co., with responses expected by the end of next week. Telecom Italia and Vodafone, both of which have expressed an interest in bidding for control of Milan-based Metroweb, are keen to close a deal as soon as possible, said the report. However, infrastructure fund F2i, which owns a 53.8 percent

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Categories: Fixed
Companies: Metroweb / Telecom Italia / Vodafone Italia
Countries: Italy
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