RAI Signs Non-Binding MoU for Potential EI Towers Merger

Deal News | Dec 20, 2024 | PedersoliGattai

RAI SpA, along with F2i and MFE MediaForEurope, has announced the signing of a non-binding Memorandum of Understanding (MoU) to explore a potential merger between RAI Way and EI Towers. The MoU outlines a roadmap to establish the terms of the potential transaction, aiming to finalize them before the exclusivity deadline of September 30, 2025. The advisor for RAI SpA in this initial negotiation is the law firm PedersoliGattai, coordinated by partner Andrea Gandini and team members Francesca Leverone and Lorenzo Rossi Casana. This development marks a strategic move in the broadcast and infrastructure sectors as the parties undertake preliminary inquiries into the industrial synergies of the proposed merger.

Sectors

  • Broadcasting
  • Telecommunications Infrastructure

Geography

  • Italy – RAI SpA, RAI Way, and EI Towers are Italian companies, and the merger discussion involves significant stakeholders in the Italian broadcasting and telecommunications sectors.

Industry

  • Broadcasting – RAI, RAI Way, and EI Towers are key players in the broadcasting industry, managing transmission infrastructures and networks.
  • Telecommunications Infrastructure – RAI Way and EI Towers are heavily involved in telecommunications infrastructure, focusing on broadcasting towers and transmission networks.

Financials

    Participants

    NameRoleTypeDescription
    RAI SpATarget companyCompanyAn Italian public broadcasting company involved in the MoU for a potential merger.
    RAI WayTarget CompanyCompanyA subsidiary of RAI SpA, involved in broadcast infrastructure.
    EI TowersPotential Merger PartnerCompanyProvider of network infrastructure for broadcasting and radiocommunication services.
    F2iParticipant in MoUCompanyAn Italian infrastructure investment company involved in the potential merger talks.
    MFE MediaForEuropeParticipant in MoUCompanyEuropean media company involved in the merger discussions.
    PedersoliGattaiLegal AdvisorCompanyLaw firm advising RAI SpA, coordinated by Andrea Gandini.
    Andrea GandiniLegal AdvisorPersonPartner at PedersoliGattai leading the legal advisory for RAI SpA.
    Francesca LeveroneLegal Team MemberPersonMember of the legal advisory team at PedersoliGattai.
    Lorenzo Rossi CasanaLegal Team MemberPersonMember of the legal advisory team at PedersoliGattai.