The consortium Ardian, a world’s leading private investment firm, and Crédit Agricole Assurances (CAA), France’s largest insurance group, announced that they have completed the acquisition of an indirect investment in INWIT in accordance with the share purchase agreement signed with TIM on April 14th, 2022. Impulse I, Ardian and CAA’s consortium vehicle, has acquired TIM’s 41% stake in Daphne 3, a holding company set at between TIM and Impulse I and which in turn holds 30.2% stake in INWIT.
Target – INFRASTRUTTURE WIRELESS ITALIANE S.P.A. O, IN FORMA ABBREVIATA, INWIT S.P.A.
Buyer – ARDIAN
Buyer – CREDIT AGRICOLE ASSURANCES RETRAITE
Seller – TELECOM ITALIA SPA O TIM S.P.A.
