Radar > 234427

Cellnex and F2i could offer EUR 5 per share to acquire Wireless Italiane (Inwit)

Cellnex y F2i podrían ofrecer cinco euros por acción para adquirir Wireless Italiane (Inwit)

Intel ID : 234427
Synopsis

Cellnex Telecom (BME: CLNX) and F2i could offer EUR 5 per share to acquire Wireless Italiane (Inwit), as published by Reuters on 3 March 2016, citing several sources.

If the two companies materialized the offer, Wireless Italiane (Inwit), a subsidiary of Telecom Italia (BIT: TIT), would be valued at approximately EUR 3bn, and the capitalization would be EUR 2.76bn. Furthermore, Cellnex Telecom and F2i would exceed the non-binding offer that, according to Italian media, ranged between EUR 4.3 and EUR 4.5 per share, in January 2016.

In this acquisition process, F2i and Cellnex Telecom compete with EI Towers (BIt: EIT) and American Tower (NYSE: AMT). In addition, initially, the binding offers should be presented in mid-March.
(content in spanish)

Cellnex Telecom (BME: CLNX) y F2i podrían llegar a ofrecer EUR 5 por acción para la compra de Wireless Italiane (Inwit), según ha publicado la agencia Reuters el 3 de marzo de 2016, basándose en diversas fuentes.

Si ambas compañías llegasen a ofrecer esa cantidad, Wireless Italiane (Inwit), filial de torres de móvil de Telecom Italia (BIt: TIT), se valoraría en cerca de EUR 3.000m, siendo su capitalización actual de EUR 2.760m. De esta forma, Cellnex Telecom y F2i superarían la oferta no vinculante que, según medios italianos, se movió en un rango de entre EUR 4,3 y EUR 4,5 por título en enero de 2016.

En el proceso de compra Cellnex Telecom y F2i compiten con EI Towers (BIt: EIT) y American Tower (NYSE: AMT). Y, en principio, las ofertas vinculantes deberían presentarse a mediados de marzo.

Intel ID 234427
Value ND (Approx.)
Native Currency Euro (EUR)
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Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.01.03 Telecoms Towers & Infrastructure
60 Telecommunications / 60.01 Telecommunications & Networking Hardware

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.01.03 Telecoms Towers & Infrastructure
60 Telecommunications / 60.01 Telecommunications & Networking Hardware

Secondary Sectors (TTRSC)
60.02.99 Other Telecommunications & Networking Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Country
Website
Description

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.07 Hedge Funds
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Country
Website
Description

Radar

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Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.