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Announced

F2i and EI Towers to acquire Persidera from GEDI and Telecom Italia for €240m.

Synopsis

F2i and EI Towers to acquire Persidera, a broadcasting joint venture between two former Italian network operators, GEDI and Telecom Italia for €240m ($270m). The sale of Persidera, 70% owned by Telecom Italia, is part of a plan ironed out earlier this year by Luigi Gubitosi Telecom Italia CEO aimed at reviving the group.

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