FSI could acquire control of Metroweb Italia to aid Telecom Italia takeover of Metroweb
FSI could take full control of Metroweb Italia, the holding that controls 90% of Metroweb, the fibre optic network for the city of Milan, Italian-language daily Il Corriere della Sera reported.
The unsourced report said that FSI, which is controlled by state-owned holding CdP, could acquired the 55% stake in Metroweb Italia held by Italian infrastructure fund F2i to facilitate a sale of Metroweb to Telecom Italia (TI).
A previous report valued F2i's stake in Metroweb at EUR 300m. The remaining 10% of Metroweb is owned by Italian telco, Fastweb.
Il Corriere della Sera