Cellnex, F2i Said Close to Bidding for Telecom Italia Unit

Updated on
  • Offer for 40 percent stake in Inwit valued at $1.2 billion
  • Italian law may force bidders to make a full takeover offer

Cellnex Telecom SAU is nearing a bid with infrastructure fund F2i SGR SpA for a stake in Telecom Italia SpA’s wireless-tower unit to expand its holdings in the country, according to people familiar with the matter.

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