Italian fibre network operator Retelit is considering a potential sale of its data centre business in a deal that could value the unit at up to €700m, according to a report by Bloomberg citing people familiar with the matter.
The company, which is owned by private equity firm Asterion Industrial Partners, is said to be in the early stages of its assessment, with a formal process potentially launching next year. Any transaction would be aimed at reducing debt and crystallising value amid heighten...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.
Alternative Investment News