The takeover bid by the F2i-Mediaset alliance on EiTowers reached 97,44715%. Based on the data communicated by Borsa Italiana, subscriptions to the public purchase offer (which closed on Friday 5 October) launched by the vehicle 2iTowers reached 27,5 million shares, exceeding the stated goal of 90% stake in Eitowers. The final results, however, will be announced by the payment date, i.e. by 12 October. At this point, the so-called squeeze out will take place, which provides for the purchase of the securities not tendered by anyone who requests it.
"Now EiTowers begins a new phase of its history", underlines Mediaset in a note in expressing "satisfaction with the success of the takeover bid". Yesterday Mediaset, in absolute contrast with the FtseMib price list, which it was the worst in Europe with a loss of 1,3%, closed the session gaining 1,43% a €2,757 per share. “Now EiTowers begins a new phase in its history: the national and international development process that involves the entire transmission tower industry continues the Mediaset press release -. To face it as protagonists, Mediaset will continue to have a role of significant shareholder in EiTowers as well as first customer while the strategic guidance of the company will be entrusted to the best Italian infrastructure fund, F2i Sgr”, underlines the Alfa group. "F2i's expert guidance will be able to make use of Mediaset's profound television know-how which, decisively focused on the core business of free TV, aims at an increasingly modern and efficient distribution of all its contents", concludes the note.
