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MQBKY Macquarie Group Ltd (PK)

129.39
0.28 (0.22%)
21 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Macquarie Group Ltd (PK) USOTC:MQBKY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.28 0.22% 129.39 127.68 130.25 129.39 128.88 129.108 6,425 21:15:26

Telecom Italia Says Network-Assets Suitors Submitted New Offers

19/04/2023 6:34am

Dow Jones News


Macquarie (PK) (USOTC:MQBKY)
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By Adria Calatayud

 

Telecom Italia SpA said it has received two new nonbinding offers for its fixed-line network assets from a consortium formed by Italian state lender Cassa Depositi e Prestiti SpA and Macquarie Group Ltd., and from KKR & Co.

The Italian telecommunications company said late Tuesday that its board will consider the offers at a meeting scheduled for May 4.

Terms of the offers weren't disclosed.

Telecom Italia previously said the initial bids for a new company to be set up, known as NetCo, from the CDP-Macquarie consortium and from KKR needed improvement.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

April 19, 2023 01:19 ET (05:19 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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