Italy's state broadcaster picks M&A adviser for towers unit -sources:
Italian state broadcaster RAI has picked investment bank Lazard (LAZ.N) to assess merger and acquisition options for its towers unit Rai Way (RWAY.MI), two sources close to the matter said on Wednesday.
Prime Minister Mario Draghi in March approved a decree allowing RAI to cut its holding in Rai Way below 51% from the current 65%, in a move expected to trigger consolidation in the television and radio mast sector.
Italian state broadcaster RAI has picked investment bank Lazard (LAZ.N) to assess merger and acquisition options for its towers unit Rai Way (RWAY.MI), two sources close to the matter said on Wednesday.
Prime Minister Mario Draghi in March approved a decree allowing RAI to cut its holding in Rai Way below 51% from the current 65%, in a move expected to trigger consolidation in the television and radio mast sector.
Italy's state broadcaster picks M&A adviser for towers unit -sources:
Italian state broadcaster RAI has picked investment bank Lazard (LAZ.N) to assess merger and acquisition options for its towers unit Rai Way (RWAY.MI), two sources close to the matter said on Wednesday.
Prime Minister Mario Draghi in March approved a decree allowing RAI to cut its holding in Rai Way below 51% from the current 65%, in a move expected to trigger consolidation in the television and radio mast sector.
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