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Rai Way wants to consolidate the national tower market - Breaking news

2024-03-26T15:16:04.532Z

Highlights: Rai Way wants to consolidate the national tower market. CEO of Rai Way, Roberto Cecatto, said this during a conference call with analysts. An integration between Rai Way and EiTowers has "a strategic and industrial rationale" But it is "a rationale that must be more precisely quantified and evaluated also in relation to the possible terms and conditions" of a merger, Cecatto said in an interview with ANSA. The government could pass a decree to allow to Rai to drop below 30% of the tower company.


As part of its acquisitions and mergers, Rai Way is interested in the "consolidation of national transmission infrastructures" in what would be a "transformative" operation, i.e. one capable of transforming society. (HANDLE)


As part of its acquisitions and mergers, Rai Way is interested in the "consolidation of national transmission infrastructures" in what would be a "transformative" operation, i.e. capable of transforming society.


    You can read it in the presentation slides of the industrial plan.


    Rai Way has reached its highest level since January on the stock market and has now only partially reduced its earnings and rises by 3.7% to 5 euros in the wake not only of the plan but also of Repubblica's hypothesis according to which the government could pass a decree to allow to Rai to drop below 30% of the tower company.


    An integration between Rai Way and EiTowers has "a strategic and industrial rationale" but it is "a rationale that must be more precisely quantified and evaluated also in relation to the possible terms and conditions" of a merger.

The CEO of Rai Way, Roberto Cecatto, said this during a conference call with analysts.

"Rai has recently expressed interest in evaluating industrial development opportunities" for Rai Way and "we are working constructively and proactively with our advisor to give all stakeholders the elements to make a decision".


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Source: ansa

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