Enel completes the sale of 50% of Open Fiber’s share capital for approximately € 2,733 million, of which 40% to Macquarie Asset Management and 10% to CDP Equity, which thus rises to 60% of the share capital. “The new members of the Open Fiber Board of Directors were then appointed – announces the new majority shareholder -: Barbara Marinali (Chairman), the current General Manager Mario Rossetti (Chief Executive Officer), Alessandro Tonetti and Roberta Battaglia appointed by CDP Equity and Nathan Luckey and Geoffrey David Shakespeare expression of Macquarie Asset Management.
In detail, Enel sold 40% to the Australian fund for around 2,199 million euros and 10% to Cdp Equity for around 534 million euros, realizing a capital gain of 1,763 million euros which has an effect on the consolidated net financial debt of approximately 2,423 million euros. If the Single Network with Tim is to be realized, for now classified as a “future and uncertain event” but still taken into consideration in the agreements between the parties, there will be price adjustments in favor of Enel.
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Source From: Ansa
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