Major shareholders of Italian telecommunications tower operator Infrastrutture Wireless Italiane (Inwit) are considering a bid to acquire the remaining 29 percent of the company they do not currently own. Sources familiar with the matter indicated that investment firms Ardian and Oak Holdings are preparing financing for a potential offer.
The move follows a 30 percent decline in Inwit’s share price over the past year, which has made the company a more affordable acquisition target. However, analysts suggest the success of any deal depends on resolving ongoing tensions with the firm’s primary clients. Inwit executives have reportedly sought to address these disputes privately to avoid further operational disruptions. The outcome of these negotiations remains a critical factor for the proposed buyout strategy. #Inwit #Telecommunications #Ardian #Investing #BusinessNews