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Shares in EI Towers delisted following F2i-Mediaset takeover

Monday 22 October 2018 | 08:34 CET | News
Shares in Italian tower operator EI Towers have been delisted after infrastructure fund F2i and Mediaset successfully completed their takeover on the group. Earlier this year Mediaset announced its decision 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 F2i to conduct the acquisition, which offered EUR 57 per EI Towers share. In a statement, 2i Towers said it now owns 97 percent of EI Towers and has launched a procedure to purchase further shares equal to 2.55 percent of the share capital still

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Categories: Broadcast & Satellite / Mobile & Wireless
Companies: EI Towers / Mediaset
Countries: Italy
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