Sections

EI Towers shareholders approve capital

Mediaset subsidiary aiming to take over transmission towers

Redazione Ansa

(ANSA) - Milan, March 27 - Shareholders in EI Towers, controlled by Mediaset, on Friday approved a capital increase to boost funds for a proposed takeover of Rai Way.
    Mediaset is controlled by ex-premier Silvio Berlusconi and the proposed deal has been controversial.
    Earlier Friday, financial market regulator Consob said it has requested more information on the talks.
    In the meantime, Consob suspended the process which involves a bid for the transmission tower operations of State broadcaster RAI.
    The Italian government has said RAI must retain 51% ownership of Rai Way while EI Towers initially bid in February to purchase two-thirds.
   

Leggi l'articolo completo su ANSA.it