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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Swisscom AG (PK) | USOTC:SCMWY | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0579 | -0.09% | 64.7821 | 64.06 | 64.89 | 64.89 | 64.06 | 64.125 | 3,806 | 19:20:04 |
From Oct 2019 to Oct 2024
Swiss-owned Italian phone company Fastweb SpA said Tuesday it has signed an agreement to buy 11.1% of Metroweb, the owner of the largest fiber-optic network in Milan.
The investment will be made through Fastweb's parent, Swisscom Italia Srl. The purchase price wasn't disclosed.
Following the acquisition, Metroweb's shareholders will be as follows: Fastweb 11.1%, through Swisscom Italia; F2i Reti 61.4%; A2A SpA 25.7%; and Metroweb managers 1.7%.
Metroweb's revenue in 2010 was EUR51 million.
Mediobanca SpA acted as adviser on the deal.
-By Jennifer Clark, Dow Jones Newswires; 39 02 58 21 9904; jennifer.clark@dowjones.com
1 Year Swisscom (PK) Chart |
1 Month Swisscom (PK) Chart |
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