REFILE-Italian state-backed lender ready to buy out Metroweb

April 2, 2015 12:39 PM

66 0

ROME, April 2 (Reuters) - Italian state-backed lender Cassa Depositi e Prestiti (CDP) is ready to buy out Metroweb if talks to sell a stake in the fibre optic network provider end up without success, CDP Chairman Franco Bassanini said on Thursday.

Italian former phone monopoly Telecom Italia and rival Vodafone have been in talks to buy a stake in Metroweb that F2i is selling for several months but discussions have hit problems over the ownership structure of the deal.

Also read: U.S. state, local tax revenue up 5.8 percent in first quarter: Census

Read more

To category page