Rome, June 9th, 2016 – The Board of Directors of Enel S.p.A. (“Enel” or “the company”), chaired by Patrizia Grieco, acknowledged during today’s meeting the beginning of exclusive negotiations between Enel and Metroweb Italia S.p.A. (“Metroweb”) shareholders F2i SGR S.p.A. and CDP Equity S.p.A./FSI Investimenti S.p.A. These negotiations are aimed at the possible business integration between Enel’s subsidiary Enel OpEn Fiber  S.p.A. (“EOF”) and Metroweb, and are part of EOF’s business development initiatives.

During the exclusivity period, which expires on July 3rd, 2016, the parties are expected to conduct the normal due diligence activities associated with these transactions. The parties will also negotiate the structure of the possible business integration, assuming an 814 million euro enterprise value for Metroweb.

The transaction is subject to the approval of Enel’s Board of Directors, following a non-binding reasoned opinion of the Related Parties Committee. According to the applicable laws defined by the Italian Supervisory Authority Consob (see Resolution no. 17221/2010) and the specific implementing procedure adopted by Enel, this transaction qualifies in terms of its size as a transaction of “minor importance” with related parties.


All Enel press releases are also available in  smartphone and tablet versions. You can download the Enel Corporate App at Apple Store and Google Play.

Microsoft Word - Esclusiva trattative Metroweb ENG

PDF (0.04MB) Download

For the dissemination to the public and the storage of regulated information made available to the public, Enel S.p.A. has decided to use respectively the platforms “eMarket SDIR” and “eMarket Storage”, both available at the address www.emarketstorage.com and managed by Spafid Connect S.p.A. with registered office in Milan, at Foro Buonaparte, 10. The aforementioned services are authorized by Consob (resolution No.19878 of February 15th, 2017, related to the mechanism for the dissemination to the public of regulated information “eMarket SDIR” and resolution No. 19879 of February 15th, 2017, related to the mechanism for the central storage of regulated information “eMarket Storage”). 
From May 19th 2014 to June 30th 2015, Enel S.p.A. used the authorized mechanism for the storage of regulated information denominated “1Info”, available at the address www.1info.it, managed by Computershare S.p.A. with registered office in Milan and authorized by Consob with resolution No. 18852 of April 9th, 2014.