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TIM approves RaiWay-F2i bid for Persidera unit, still open to offers

Saturday 24 February 2018 | 14:50 CET | News
The board of directors of Telecom Italia (TIM) has voted in favour of accepting the only official offer received for its stake in broadcasting unit Persidera without yet closing the door on any forthcoming binding bids. In a statement, the operator said the joint bid from Rai's towers subsidiary RaiWay and Italian infrastructure fund F2i – estimated at around EUR 250 million – had been "evaluated positively" in view of the non-strategic nature of the asset. The company added that the board had granted CEO Amos Genish the mandate to finalise the deal and to "consider any further offers, should

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Categories: Broadcast & Satellite
Companies: European Commission / RAI / Telecom Italia / TIM / Vivendi
Countries: Italy
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