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.
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