Vivendi board members backing EI Towers-Inwit deal- report

Tuesday 29 March 2016 | 08:35 CET | News
The Vivendi board members of Telecom Italia are pushing the operator to back the offer made by EI Towers for a stake in its Inwit towers division, reports La Repubblica. Earlier in the month, Telecom Italia announced that it had received binding bids from Mediaset-owned EI Towers and a consortium made up of Spain's Cellnex Telecom and Italian infrastructure fund F2i for a stake in Inwit. However, the four representatives of top shareholder Vivendi on Telecom Italia's board prefer the EI Towers bid because it would allow Telecom Italia to retain a larger share of its unit, while the

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Categories: Broadcast & Satellite / Mobile & Wireless
Companies: Cellnex / Inwit / Mediaset / Telecom Italia / Vivendi
Countries: Italy
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