Home Italian News The Iliad buys 12% of Unieuro and becomes the first shareholder -...

The Iliad buys 12% of Unieuro and becomes the first shareholder – Economy


The phone operator Iliad acquired, through Iliad Holding spa and Iliad sa, the equity investment equivalent to about 12% of the equity in electronics retailer Unieuro, becoming the company’s primary shareholder. The company announced it in a note. “We are delighted to come to the capital of Unieuro to accompany them in their long-term development. We appreciate the Unieuro team and share with them the basic values: the desire for constant innovation, Strong entrepreneurial spirit and a real attention to quality by Benedetto Levi, CEO of Iliad Italia, said the relationship with users and consumers. The investment in Unieuro, listed on Milan Stock Exchange, worth around 53 million euros at current stock market prices, the French telephone operator becomes the first shareholder before transnational asset manager Amundi, owner 5%. capital.

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