F2i SGR and EI Towers S.p.A have finalized the acquisition of Persidera S.p.A, an Italian leader in digital terrestrial television signal transmission networks, from Tim and Gedi .
The structure of the transaction provides for the spin-off of Persidera into two companies: MuxCo (maintaining the name Persidera), which will hold the right to use the frequencies and manage the business relations with the television editor customers, and NetCo, which will absorb the passive infrastructure and transmission equipment. 100% of MuxCo shares are acquired by F2i Tlc 2, a subsidiary wholly-owned by Terzo Fondo F2i, while 100% of NetCo is acquired by Ei Towers S.p.A.
Announced in June, the transaction received the go-ahead from the Antitrust in recent days, which set a series of measures to ensure the sector’s competitiveness.