07-05-2016 15:26 via uk.news.yahoo.com

Enel has presented informal offer for Metroweb stake: source

By Silvia Aloisi MILAN (Reuters) - Italian utility Enel has presented an informal offer to buy a majority stake in fiber network company Metroweb as part of its plans to roll out a high-speed Internet network, a source familiar with the matter said on Saturday. The offer would see Enel acquire the 54 percent stake in Metroweb currently owned by infrastructure fund F2i for around 400 million euros, valuing the whole of Metroweb at 776 million euros, the source said. The preliminary, informal bid
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