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TIM believes F2i's bid for Persidera is fair - report

Tuesday 7 May 2019 | 09:13 CET | News
The board of Telecom Italia (TIM) believes that an offer submitted by Italian infrastructure fund F2i for its broadcasting unit Persidera is fair, according to an unnamed source cited by Reuters. A previous report indicated that the bid is valued at between EUR 240 million and EUR 250 million, with TIM said to be keen to divest its 70 percent stake in the former Telecom Italia Media Broadcasting company.

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