2i Tower Holdings


Mediaset-backed EI Towers deal opens way to consolidation

Italian government-backed investment vehicle 2i Tower Holdings has placed a bid to acquire transmission tower outfit EI Towers, which is 40% owned by Mediaset, for €57 a share. Under the structure of the proposed deal, Mediaset will take a 40% stake in the bidding company, meaning that the broadcaster will not take cash out of […]