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TIM confirms preliminary bids for Persidera unit

Friday 8 December 2017 | 09:10 CET | News
Telecom Italia (TIM) has confirmed the receipt of preliminary non-binding bids from parties interested in acquiring its majority stake in broadcasting company Persidera. In a statement to markets regulator Consob, the company said the due diligence by potential buyers that have been admitted to the next phase of the process is currently underway. The process to sell Persidera was launched in October with the support of financial advisers Barclays and Lazard.

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