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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)
VOD 13.17-2.8%Jan 13 3:59 PM EST

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To: MrGreenJeans who wrote (2965)9/20/2000 8:23:31 AM
From: MrGreenJeans  Read Replies (1) of 3175
 
COM) 20/09/00 09:08: ENEL talks to take over Infostrada reportedly to close in coming days


ENEL talks to take over Infostrada reportedly to close in coming days
MILAN (AFX) - Talks led by ENEL SpA with Vodafone AirTouch PLC to take over
the Italian fixed line operator Infostrada could be closed this week or early
next week, the daily Il Sole 24 Ore said without giving a source.
According to the daily, the 100 pct stake in Infostrada could be bought by
ENEL and France Telecom's joint unit Wind Telecomunicazioni SpA, or directly by
ENEL and France Telecom, with their respective payments corresponding to their
respective stakes in Wind. Otherwise, it could be bought wholly by ENEL, it
said.
ENEL controls 56 pct of Wind and France Telecom 44 pct.
pw/cmr
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