Corre Ti Media (+6,5%): the markets are betting on the next agreement with Rete A (L'Espresso group)

Telecom Italia Media's race continues, rising by 6,59% to 0,1311 euros per share in the afternoon. The market is betting on the fact that the agreement with l'Espresso for a possible integration between the subsidiary Ti Media Broadcasting and the network operator activities of Rete A could soon be concluded. In fact, at the beginning of October the two groups signed a preliminary non-binding agreement for the start of a negotiation that enhances the assets "of both also through the creation of industrial synergies". The final agreement will then have to be submitted to the boards of directors.
If the agreement were successful, a leading operator in Italy would be created under the control of ti Media, with the integration of 5 multiplexes (the three muxes of Timb and the two of Rete A) on a single digital technological platform. Rai and Mediaset also have five.