MILAN: Shareholders in Italian broadband firm Open Fiber<\/a> have agreed to postpone an initial deadline over a bid by Macquarie<\/a> for a stake in the venture as they jostle for common ground, two sources close to the matter said on Thursday.

Italy's biggest utility
Enel<\/a>, which jointly owns Open Fiber with state lender Cassa Depositi e Prestiti (CDP), gave a mandate to its CEO in December to sell between 40% and 50% of Open Fiber to the Australian infrastructure fund by June.

Under the deal, Macquarie would pay 2.65 billion euros ($3.2 billion) for a stake of 50%, though any final price could fluctuate depending on a series of earn-out and legal dispute clauses.

CDP, however, has a right of first refusal on any stake sale by Enel, complicating the disposal process. According to sources the preemption right is on the whole 50% stake and not just on part of it.

Italy's government is looking to create a full-fibre national network by merging Open Fiber with landline grid assets of
Telecom Italia<\/a> (TIM), which was formerly the country's telecom monopoly.

Sources have said Rome wants Macquarie to buy less than 50% so that CDP, which is also a shareholder of TIM, can take control of Open Fiber and make sure the blueprint for a single network operator is respected.

But the government of Prime Minister Giuseppe Conte emerged weakened from a confidence vote this week after a junior partner quit his coalition.

Enel notified CDP on Dec. 23 of talks to sell Macquarie its stake, giving CDP 30 days to make up its mind on whether to exercise its pre-emption right, sources previously said.

A request by CDP for more documentation and differences of opinion on a number of issues, including the price of the stake, have led the parties to agree an extension of about a month, sources said.

One source said the new deadline had now been set for Feb. 25.

Enel and CDP both declined to comment.
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打开纤维股东购买时间在麦格理报价:来源

意大利最大的效用Enel,共同拥有开放的纤维与国家银行存贷款(CDP),授权给其CEO 12月销售40%至50%的纤维澳大利亚基础设施基金在6月开放。

  • 更新2021年1月22日08:06点坚持
阅读: 100年行业专业人士
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米兰:意大利宽带公司的股东开放的纤维已同意推迟对最后期限吗麦格理在合资公司的股份为争夺共同点,两位消息人士周四表示。

意大利最大的效用埃奈尔共同拥有开放的纤维与国家银行存贷款(CDP),授权给其CEO 12月销售40%至50%的纤维澳大利亚基础设施基金在6月开放。

根据协议,麦格理将支付26.5亿欧元(32亿美元)50%的股份,但最终价格可能波动取决于一系列earn-out和法律纠纷的条款。

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CDP,然而,有一个正确的优先购买权的股权出售埃奈尔,复杂的处理过程。根据整个资源抢占的是50%的股份,而不仅仅是它的一部分。

意大利政府正寻求创建一个full-fibre全国网络通过合并开放纤维和固定网格的资产意大利电信(TIM),原中国电信垄断。

消息人士说,罗马希望麦格理买不到50%,CDP也是蒂姆的股东,可以控制开放的纤维和确保一个网络运营商的蓝图是尊重。

但政府总理朱塞佩•孔蒂出现削弱的信任投票后本周小伙伴辞去了联盟。

埃奈尔在12月23日通知CDP的会谈麦格理股份出售给CDP 30天下定决心是否行使优先购买权,此前消息人士说。

请求通过CDP为更多的文档和意见的分歧在很多问题上,包括股权的价格,使双方同意延长大约一个月,消息人士说。

一位消息人士表示,新的截止日期已定于2月25日。

埃奈尔和CDP均拒绝置评。

  • 发表在2021年1月22日08:05点坚持
是第一个发表评论。
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MILAN: Shareholders in Italian broadband firm Open Fiber<\/a> have agreed to postpone an initial deadline over a bid by Macquarie<\/a> for a stake in the venture as they jostle for common ground, two sources close to the matter said on Thursday.

Italy's biggest utility
Enel<\/a>, which jointly owns Open Fiber with state lender Cassa Depositi e Prestiti (CDP), gave a mandate to its CEO in December to sell between 40% and 50% of Open Fiber to the Australian infrastructure fund by June.

Under the deal, Macquarie would pay 2.65 billion euros ($3.2 billion) for a stake of 50%, though any final price could fluctuate depending on a series of earn-out and legal dispute clauses.

CDP, however, has a right of first refusal on any stake sale by Enel, complicating the disposal process. According to sources the preemption right is on the whole 50% stake and not just on part of it.

Italy's government is looking to create a full-fibre national network by merging Open Fiber with landline grid assets of
Telecom Italia<\/a> (TIM), which was formerly the country's telecom monopoly.

Sources have said Rome wants Macquarie to buy less than 50% so that CDP, which is also a shareholder of TIM, can take control of Open Fiber and make sure the blueprint for a single network operator is respected.

But the government of Prime Minister Giuseppe Conte emerged weakened from a confidence vote this week after a junior partner quit his coalition.

Enel notified CDP on Dec. 23 of talks to sell Macquarie its stake, giving CDP 30 days to make up its mind on whether to exercise its pre-emption right, sources previously said.

A request by CDP for more documentation and differences of opinion on a number of issues, including the price of the stake, have led the parties to agree an extension of about a month, sources said.

One source said the new deadline had now been set for Feb. 25.

Enel and CDP both declined to comment.
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