Italy's RAI plans to sell minority stake in Rai Way

Rai Way SpA

18/01/2024 11:07

ROME, Jan 18 (Reuters) - Italian state broadcaster RAI
raised the prospect of selling a stake of up to 15% in its
Milan-listed broadcasting tower unit Rai Way  RWAY.MI  to fund
its new business plan, a statement  said on Thursday.
    RAI plans to extract value from a minority stake in Rai Way
while retaining the majority of the capital, it said in the
statement.
    The state broadcaster currently owns a 65% stake in the
unit.

 (Reporting by Giuseppe Fonte and Elvira Pollina, editing by
Gianluca Semeraro)
 ((giuseppe.fonte@thomsonreuters.com; +390680307711;))