Edison has Italmobiliare teaming together with F2i in bid for 20-25% stake
Investment group Italmobiliare [BIT:ITM] is teaming up with Italian infrastructure fund F2i in a bid for a 20-25% stake in Italian energy group Edison, Italian language daily Il Sole 24 Ore reported. The unsourced report said that the two partners will either take an equal stake in Edison or F2i a slightly smaller one.
The report noted that Edison is presently 100%-owned by EdF [EPA:EDF], the French energy group. The item added that EdF appears to be leaning toward a sale.
The item cited market rumours claiming the consortium is interested in taking a 20%-25% stake in Edison for around EUR 1bn.