News Formal

Macquarie and CDP win EU approval for Open Fiber acquisition

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

MILAN : The acquisition of broadband network company Open Fiber by Italy's state lender Cassa Depositi e Prestiti (CDP) and Australian fund Macquarie has won EU regulatory approval, a filing on the European Commission website showed on Thursday.The deal does not raise serious doubts over its compatibility

MILAN : The acquisition of broadband network company Open Fiber by Italy's state lender Cassa Depositi e Prestiti and Australian fund Macquarie has won EU regulatory approval, a filing on the European Commission website showed on Thursday.

State-controlled Enel and CDP currently have joint control of Open Fiber, which had been set up for the rollout of fibre optic cables to help Italy to catch up with the rest of Europe.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive-Data center operator CoreSite fields acquisition interest-sourcesCoreSite Realty Corp, a U.S. data center operator with a market value of more than US$8 billion, is working with an investment bank to explore its options after attracting acquisition interest, people familiar with the matter said.CoreSite has been approached by companies that include American Tower Corp
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »