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Stock Exchange: the Espresso group flies after the agreement with Telecom Italia Media on multiplexes

The Espresso group gains on the stock market after the multiplex agreement with Telecom Italia Media - The agreement provides for the integration of the four frequencies instead of the five hypothesized in an initial phase of the negotiation

Stock Exchange: the Espresso group flies after the agreement with Telecom Italia Media on multiplexes

The l'Espresso group jumps on the stock market, where it gains 3,43% at 1,69 euros, after the agreement on multiplexes with Telecom Italia Media, which after yesterday's +12,7% is instead down 2,52% .

The agreement, which according to what was anticipated yesterday by Radiocor should be signed tomorrow, provides for the integration of the four frequencies (two controlled by Telecom Italia and two by l'Espresso) instead of the five hypothesized in an initial phase of the negotiation, when the the entire alliance was valued at around 500 million euros.

In the short to medium term, both shareholders are expected to leave the frequency company's capital, also in the light of the interest already shown by some infrastructure funds.

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