New offer for TIM network says CDP – English

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(ANSA) – ROME, APR 18 – The board of directors of government
lender Cassa Depositi e Crediti (CDP) has given the go-ahead for
the submission of a new non-binding improved offer for Tim’s
infrastructure network, jointly with Macquarie, the Cassa said
in a statement Tuesday.

The new offer is better than that presented on March 5 to buy
TIM’s NetCo company, which is being set up, and it will include
the infrastructure network and TIM’s stake in Sparkle.

The new validity deadline for the offer is set at May 31.

(ANSA).