EI Towers

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 […]

Mediaset transmission unit in €1.22bn bid for RaiWay

Mediaset-owned digital-terrestrial tower business EI Towers is making a €1.22 billion bid to take control of the rival transmission business owned by public broadcaster Rai.  EI Towers, in which private equity company BlackRock holds a minority stake, is offering €4.50 a share for RaiWay, including €3.13 in cash and 0.03 new EI Towers shares for […]