(ANSA) - MILAN, JULY 03 - Fastweb is also in talks with Tim for a minority stake in Fiberco, the company in which the secondary network will operate and for which the Kkr Infrastracturesta fund has been dealing exclusively for a few months. Mouths sewn between the companies involved but the contacts were in progress, according to many who have learned for some time and have accelerated.
Tim has been dealing exclusively with Kkr since February for the creation of a newco, Fiberco, which will manage the secondary fiber and copper network and the fund's binding offer should arrive by the end of the summer. The initial project envisaged that Kkrne would acquire a 40% stake for 2 billion euros, based on a valuation with an equity value of 4.3 billion and an enterprise value of 7.5 billion. The operation had already been said was open to other investors with Tim who intends to maintain control of the newco. Fastweb, controlled by Swisscom, is likely to contribute by contributing its stake in Flasfiber (ANSA).
Tim: Fastweb on the pitch for Fiberco
2020-07-03T20:23:15.598Z
Fastweb is also in talks with Tim for a minority stake in Fiberco, the company to which the secondary network will go and for which the Kkr Infrastracture fund has been dealing exclusively for a few months. (HANDLE)
