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Tim: green light from the Cdp board of directors to offer with Macquarie on Netco

2023-03-05T18:48:00.077Z


The Board of Directors of Cassa Depositi e Prestiti, which met in an extraordinary session on Sunday under the chairmanship of Giovanni Gorno Tempini, gave the go-ahead for the presentation of a non-binding offer by Cdp Equity, jointly ... (ANSA)


(ANSA) - MILAN, MAR 05 - The Board of Directors of Cassa Depositi e Prestiti, which met in an extraordinary session on Sunday under the chairmanship of Giovanni Gorno Tempini, gave the green light for the presentation of a non-binding offer by Cdp Equity, together with Macquarie Asset Management, for the purchase of Tim's NetCo to be set up, which will include the infrastructural network and the investment in Sparkle.

The deadline for the validity of the offer is set at 31 March 2023.


    Tim's board of directors, which should receive the proposal shortly, will thus have an alternative to evaluate together with the non-binding offer presented by Kkr.

For both, according to rumors, Netco would be valued at 20 billion euros but the proposal by Cdp and Macquarie would bring more liquidity to Tim's coffers, valuing Fibercop less than the 10 billion attributed to it by Kkr (which is a shareholder with 37.5%).


   (HANDLE).


Source: ansa

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