UPDATE 1-Italian state-backed lender ready to buy out Metroweb

April 2, 2015 2:35 PM

66 0

ROME, April 2 (Reuters) - Italian state-backed lender Cassa Depositi e Prestiti 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.

Italy's biggest phone group Telecom Italia and rival Vodafone have been in talks for months to buy a stake in Metroweb from infrastructure fund F2i, but discussions have hit problems over the ownership structure of the deal.

Read more

To category page