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Italy’s CDP, Macquarie Said Set to Make Telecom Italia Grid Offer

Italy’s state lender and Macquarie Group Ltd. are preparing a multi-billion-euro offer for Telecom Italia's landline network. CDP will review the offer Sunday.

  • Italy’s state lender CDP and Macquarie Group Ltd. are prepared to present a multi-billion-euro offer for Telecom Italia SpA’s landline network as soon as Monday.
  • CDP has called a board meeting for Sunday to do a final review of the offer.
Italy’s CDP, Macquarie Said Set to Make Telecom Italia Grid Offer
Italy’s State lender and Macquarie Group Ltd. are prepared to present a multi-billion-euro offer for Telecom Italia SpA’s landline network as soon as Monday, according to people familiar with the matter.

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