Takeover Offer by F2i
: 2i Towers is an SPV wholly owned by 2i Towers Holding, which is in turn indirectly controlled by Italian infrastructure fund F2i
It alleged a conflict of interest because the bank marketed its own fund after being hired by F2I
SGR to promote a similar investment.
M2 EQUITYBITES-October 3, 2014-Telecom Italia board mandates CEO to buy F2i
's Metroweb stake - report
Global Banking News-7 May 2010-Italy's F2i
sues Citigroup for EUR100m(C)2010 ENPublishing - http://www.enpublishing.co.uk
Metroweb is indirectly controlled by state-backed Cassa Depositi e Prestiti (CDP) and infrastructure fund F2i
, the report said.
Italy's Fondo Italiano per le Infrastrutture (F2i
) and UK's Terra Firma were mentioned by two sources as potential bidders.
Italian energy company Enel SpA (BIT:ENEL) said it had agreed to divest its 14.8% interest in Enel Rete Gas SpA to the natural gas distribution business' two other shareholders, infrastructure fund F2i
SGR SpA and Ardian, for EUR122.4m (USD167.2m).