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Telecom Italia Said to Boost Tower IPO to Up to $1.1 Billion
2015-05-22 16:31:29| Telecom - Topix.net
The unit, called Inwit, is worth 2 billion euros to 2.4 billion euros, according to the advisers' latest and final assessment, the people said. They asked not to be identified because the review was sent only to investors and isn't yet public.
Telecom Italia confirms IPO of 40% of tower unit Inwit
2015-05-21 08:46:00| Telecompaper Headlines
(Telecompaper) Telecom Italia has announced its intention to sell 40 percent of its tower unit Inwit on the Milan stock exchange. The company added in a statement that it was still waiting for Italian market regulator Consob and the Italian stock exchange to approve the operation but that Banca IMI, Deutsche Bank and Mediobanca have been appointed joint global coordinators. Inwit (Infrastrutture Wireless Italiane) owns, operates and leases a total of 11,500 mobile phone towers for Telecom Italia and other mobile telecoms operators.
Tags: unit
italia
tower
telecom
Refresco Gerber widens Q1 losses as IPO costs bite
2015-05-19 13:04:52| Daily beverage news and comment - from just-drinks.com
Refresco Gerber has seen net losses widen in Q1 as costs incurred by an IPO last year dragged the company into the red.
One contractor hopes to raise $100M in an IPO, its latest move to get out from under piles of debt
2015-05-14 21:32:36| IT Services - Topix.net
A contractor is now looking to raise $100 million in an initial public offering, its latest effort to manage piles of debt that less than a year ago led two credit agencies to declare the company in default.
Metcash mulls IPO for auto division
2015-05-14 19:55:40| Grocery - Topix.net
Metcash's automotive division, which includes the Autobarn, Autopro and Midas brands, generated revenues of about $250 million in the year to the end of April. The retailer says it is carrying out a strategic review of the division and investigating whether to launch an initial public offering.
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