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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Macquarie Group Ltd | ASX:MQGCD | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 179.60 | 179.21 | 204.12 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Giulia Petroni
Enel SpA said Thursday that it has received notice of a binding offer by Macquarie Infrastructure and Real Assets, a division of Macquarie Group Ltd., for the acquisition of its 50% stake in Open Fiber SpA.
The Rome-based energy company said Macquarie Infrastructure would pay approximately 2.65 billion euros ($3.14 billion) for the purchase, net of debt and with adjustment and earn-out mechanisms.
"Enel's board of directors acknowledged that it received the notice and is awaiting updates on the details that may emerge following the required in-depth activities with MIRA on the content of the offer," it said.
Open Fiber is a wholesale operator jointly owned by Enel and Italian state lender Cassa Depositi e Prestiti SpA.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
September 17, 2020 11:50 ET (15:50 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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