Announced
Completed
Synopsis
Italy’s biggest commercial broadcaster Mediaset and infrastructure fund F2i completed the acquisition of masts group EI Towers, an Italian company that operates in the business of network infrastructure and integrated services for electronic communications, for $1.89bn. "This operation confirms F2i’s role as catalyst for Italian and international investments in infrastructural platforms, strategic for our Country. Our solid experience in infrastructure management will bring a new development phase for EI Towers, facing a highly dynamic market that we consider very interesting in its evolution. The combination of Italian governance backed by domestic and international investors, attracted thanks to the trust that our management has been able to build, will provide new energies for the growth of this important infrastructure player. Mediaset’s permanence as shareholder shows appreciation and trust by a major industrial group towards F2i and an important continuity factor for EI Towers," Renato Ravanelli, F2i CEO.
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