Italy's GEDI not happy with F2i bid for Persidera: source [Reuters]
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Source: Reuters
Italy's GEDI not happy with F2i bid for Persidera: source - Reuters 1 Min Read MILAN (Reuters) - Italian publisher GEDI is not satisfied with a binding bid submitted by Italian infrastructure fund F2i for its 30 percent-owned broadcasting unit Persidera, a source close to the matter said on Tuesday. The source said GEDI believed F2i’s bid, worth 240-250 million euros for the whole of Persidera, could be improved. The sale of Persidera, 70 percent owned by Telecom Italia (TIM), is part of a plan ironed out earlier this year by TIM’s CEO Luigi Gubitosi aimed at reviving the group. A source said on Monday the board of Telecom Italia believed the offer was fair. GEDI’s approval is needed for the deal to go ahead. Reporting by Elvira Pollina All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Italy's GEDI not happy with F2i bid for Persidera: source MILAN (Reuters) - Italian publisher GEDI is not s
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