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Telecom Italia board to discuss Metroweb at meeting - report

Friday 17 April 2015 | 15:19 CET | News
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Telecom Italia's CEO Marco Patuano will raise the possibility of submitting a bid to take over fibre-optic provider Metroweb at its 07 May board meeting, reports La Repubblica. Unnamed sources cited by the Italian daily said Patuano met with Renato Ravanelli, CEO of Italian infrastructure fund F2i, this week to discuss the acquisition of its 53.8 percent stake in Metroweb's holding company Metroweb Italia. According to the sources, Telecom Italia offered to buy an initial 40 percent of Metroweb, plus a further 10 percent without voting rights. The offer included an option to take control of

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Categories: Fixed
Companies: Telecom Italia
Countries: Italy
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