Reuters exclusively reported that Italy’s Prime Minister Mario Draghi has approved a decree allowing Italy’s state broadcaster RAI to cut its holding in towers unit Rai Way below 51%, in a move expected to trigger sector consolidation. The decree could pave the way for merger talks between Rai Way and EI Towers, the officials said, a long-mooted tie-up that would create a group worth more than 2 billion euros ($2.2 billion) in the television and radio mast sector.
Business & FinanceEconomyPoliticsTechnology
07 March 2022, 2:16 pm. 1 minute
Article Tags
Topics of Interest: Business & FinanceEconomyPoliticsTechnology
Type: Reuters Best
Sectors: Business & FinanceEconomy & PolicyGovernment & Public ServicesTelecommunications
Regions: Europe
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional StoryMajor Global Story
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