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TIM completes sale of Persidera unit

Tuesday 3 December 2019 | 09:12 CET | News
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Telecom Italia (TIM) has closed the sale of its 70 percent stake in broadcasting unit Persidera to Italian infrastructure fund F2i and EI Towers shortly after obtaining the approval of antitrust watchdog AGCM. The EUR 240 million deal announced in June involves the demerger of Persidera into two separate entities. Publisher Gedi Gruppo Editoriale owns the remaining 30 percent stake in the former Telecom Italia Media Broadcasting company.

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