Macquarie offers EUR 2.65 bln for Enel's Open Fiber stake



(Telecompaper) Italian utility giant Enel has confirmed the receipt of a binding bid from Australian infrastructure fund Macquarie for its 50 percent stake in Italian wholesale-only operator Open Fiber. In a brief statement, Enel said Macquarie Infrastructure & Real Assets (MIRA) offered EUR 2.65 billion, excluding debt, for the stake, with further adjustment and earn out mechanisms to be taken into account. The state-backed utility said its board is now “awaiting updates on the details that may emerge following the required in-depth activities with MIRA on the content of the offer.”



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Policy Management in Telecom Market to Witness Exponential Growth by 2020-2027 | Leading Players – Huawei Investment & Holding Co, Optiva, Nokia Corporation, LM Ericsson Telephone Company, Oracle Corporation, ZTE Corporation, Amdocs, Cisco Systems – The Daily Chronicle



Policy Management in Telecom Market to Witness Exponential Growth by 2020-2027 | Leading Players – Huawei Investment & Holding Co, Optiva, Nokia Corporation, LM Ericsson Telephone Company, Oracle Corporation, ZTE Corporation, Amdocs, Cisco Systems  The Daily Chronicle



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