Mediaset S.p.A. (BIT:MS) and F2i - Terzo Fondo Per Le Infrastrutture Fund managed by Fondi Italiani per le Infrastrutture SGR SpA made a voluntary public tender offer to acquire 60% stake in EI Towers S.p.A (BIT:EIT) for approximately €920 million on July 16, 2018. Under the terms of the transaction, the offerors will pay €57 per share. The transaction will be financed with a credit line of up to €480 million from Intesa SanPaolo, Mediobanca and Unicredit. The tender offer will begin on August 3, 2018, and end on October 5, 2018, Mediaset S.p.A. owns 40% stake through Elettronica Industriale S.p.A. The completion of the transaction is subject to; inter alia, the achieving of an equity interest above 90% of EI Towers share capital and the unconditional approval of the Antitrust Authority. As of August 2, 2018, the Board of EI Towers unanimously approved the transaction. As of September 13, 2018, antitrust authority approved the transaction. Credit Suisse, Banca IMI and Mediobanca acted as financial advisors and Filippo Troisi, Marco Sagliocca, Erwin Zanetti, Tommaso Bernasconi and Marco Gagliardi of Legance – Avvocati Associati acted as legal advisors for F2i and Mediaset. Giliberti, Triscornia e Associati acted as legal advisor for F2i. UniCredit acted as financial advisor and Pedersoli acted as legal advisor for Mediaset S.p.A. BNP Paribas SA acted as financial advisor to Fondi Italiani per le Infrastrutture and EI Towers S.p.A.

Mediaset S.p.A. (BIT:MS) and F2i - Terzo Fondo Per Le Infrastrutture Fund managed by Fondi Italiani per le Infrastrutture SGR SpA completed the acquisition of 60% stake in EI Towers S.p.A (BIT:EIT) on October 5, 2018. Total of 27.5 million shares were acquired as part of the deal for €1.57 billion. Under the legal requirements, offerors will acquire remaining 2.6% of EI Towers shares. EI Towers will be delisted as of October 19, 2018.