Friday, March 27, 2015

Rai Way, Consob shall suspend the examination of the Tender Offer prospectus Ei Towers – BBC



Milan , March 27, 2015 – 9:35

     
     
 

Consob has suspended its examination of the report of the Tender Offer on Ei Towers Rai Way. This is what it said in a statement that Ei Towers reveals that Consob has requested additional information and requested the suspension of the terms instructors. And Towers, the note continues, will inform the market of the terms instructors. Critic Michele Anzaldi, deputy secretary of the Democratic Party and the Board of Supervisors Rai: “Stop Consob to Ei Towers on Rai Way additional element for magistrates on suspected insider trading. Who pays for the confusion of public opinion? “.

Control of Rai

Rai controls Rai Way with a 65% stake. The selection of Ei Towers is subject to the achievement of 66.67% of Rai Way but the government has already indicated that, given its strategic importance, the company of television towers remain controlled by absolute majority by the public radio and television Rai. “The government points out that, even given the strategic importance of the network infrastructure, a decree of the Presidency of the Council of Ministers of September 2, 2014 decided to maintain in head to Rai a share in the capital of not less than 51%,” he explained a note from the Ministry of Economic Development.

The capital increase

Meanwhile, members of Ei Towers have given the green light to the capital increase (up to 373.9 million) in the service of the Tender Offer Rai Way: voted yes 99.99% of the capital represented at the meeting. “Both companies – says CEO Guido Barbieri – are up an ambitious project to become an international operator really strong and solid.” According to Barbieri, “Italy is the only country to have an infrastructure duplicated. The two operators are twins, quoted, working in parallel by the same service. It’s time for a more ambitious project. ”

March 27, 2015 | 09:35

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