(Finance) – TIM announced that it had received from the Ministry of Economy and Finance (MEF) and from Retelit, a company controlled by the Asterion fund, anon-binding offer to purchase Sparkle.
The proposal recognizes for Sparkle a enterprise value of 700 million euroswill be valid until October 15th and will be subjected to examination by the TIM Board of Directors at the end of the preparatory preliminary investigation activities for the evaluation of the offer.