MAQ macquarie technology group limited

MILAN, June 16 (Reuters) - Australian infrastructure fund...

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    MILAN, June 16 (Reuters) - Australian infrastructure fund Macquarie (MQG) has made an offer to Italian utility Enel ENEI.MI for its 50% stake in broadband network operator Open Fiber, daily la Repubblica reported on Tuesday.

    Open Fiber is a wholesale-only broadband operator jointly owned by Italian utility Enel ENEI.MI and state lender Cassa Depositi e Prestiti (CDP).

    The report did not say how much Macquarie offered but added that "it would be hard for Enel Chief Executive Francesco Starace not to submit (the offer) to the board for a possible evaluation".

    It said that Open Fiber is estimated to be worth between 3 and 6 billion euros.

    Enel declined to comment, la Repubblica said.

 
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Last
$69.39
Change
-0.200(0.29%)
Mkt cap ! $1.790B
Open High Low Value Volume
$69.33 $70.32 $68.61 $589.2K 8.449K

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No. Vol. Price($)
2 3 $69.36
 

Sellers (Offers)

Price($) Vol. No.
$69.40 6 1
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