THEEuropean antitrust approves the rearrangement of Open Fiber without setting conditions. At this point, the Australian financial giant Macquarie e Cdp Equity, a subsidiary of Cassa Depositi e Prestiti, acquire common control of the ultra-broadband company (with 40 and 60% respectively), while Enel (which was previously an equal shareholder with CDP) definitively exits the capital. CDP is also a minority shareholder and board member of Tim.
The news was released in the morning in the light of what was published in the register of the Directorate-General for Competition of the European Commission, which speaks of "unconditional authorization".
Subsequently, the official statement arrived: the Open Fiber reorganization "does not raise competition concerns given the absence of horizontal overlaps or 'vertical' relationships between Macquarie's activities, including its portfolio of companies, and Open Fiber".
The Commission explains that it has assessed whether, in the light of Cdp's interests in Tim, the transaction would increase the risks of coordination between Open Fiber and Tim: the answer is no, "since Cdp Equity already had joint control of Open Fiber".
