2018

On March 16, 2018 EI Towers S.p.A. and Cairo Network S.r.l., a company wholly owned by Cairo Communication S.p.A., agreed on the finalisation of the previous agreements signed on January 27, 2015 focusing on the implementation and subsequent multi-year full service technical management (hosting, assistance and maintenance, use of broadcasting infrastructure, etc.) of the national digital terrestrial multiplex of which Cairo Network S.r.l. is holder of the rights of use.
On March 22, 2018 EI Towers S.p.A. signed the renewal of the multi-year contract for the supply of hosting services, assistance and maintenance (full service) with the controlling company Elettronica Industriale S.p.A..
During the 1H period the M&A activity has continued with particular focus on the mobile telecommunications segment; in particular, four companies (Isatech S.r.l., Highland S.r.l., AIR.NET S.r.l. and FPR S.r.l.) and assets were acquired for a total investment of euro 37.8m.
On 16 July 2018 2i Towers S.p.A., a company vehicle indirectly held at 60% by F2i SGR and at 40% by Mediaset S.p.A., launched a voluntary public tender offer for all of the Company’s shares. As a result of the Offer, 2i Towers came to hold approximately 97.44% of the EI Towers shares. The remaining shares were purchased by the Offeror through the mandatory procedure of minority squeeze out. With the payment of the consideration for the Offer, which took place on October 12, 2018, F2i Fondi Italiani per le Infrastrutture Società di Gestione del Risparmio S.p.A. has acquired the exclusive control of the Company. On October 11, 2018, Borsa Italiana made effective from October 19 the delisting of EI Towers shares from the STAR segment of the MTA market.