Home › Macquarie makes offer for Enel's Open Fiber stake
 

Keywords :   


Macquarie makes offer for Enel's Open Fiber stake

2020-06-17 09:56:00| Telecompaper Headlines

(Telecompaper) Australian infrastructure fund Macquarie has tabled an offer to acquire Enel's 50 percent stake in Italian wholesale-only operator Open Fiber. In a statement, utility giant Enel confirmed that its board last week received a non-binding bid from Macquarie Infrastructure Real Asset for "the acquisition of the whole or part of the stake". Italian daily La Repubblica reported that the offer was "very high" and that Macquarie could soon begin a due diligence process to make the bid binding.

Tags: open offer makes fiber

Category:Telecommunications

Latest from this category

All news
12.03Reengineering Enterprise AI From Infrastructure to Agents
09.03Make Your Azure Data Platform AI-Ready
04.03Your AI Agents Are Only As Smart As Your Data Infrastructure
Telecommunications »
16.03PM says UK working with allies on plan to reopen Strait of Hormuz
16.03Soaring heating oil bills 'pressuring' finances
16.03Iran hits key UAE oil port and Dubai airport
16.03How a charity founded by farmers' wives helps children in the Borders
16.03Alcohol-free beer and pet grooming used to measure inflation
16.03Alcohol-free beer and pet grooming used to measure inflation
16.03Steelworks costing 1.3m a day to run
16.03Funding change ends school holiday food vouchers
More »