MILAN, April 30 (Reuters) - Cassa Depositi e Prestiti (CDP) has granted approval to unit CDP Equity to present an offer to utility Enel ENEI.MI for 10% of Open Fiber, in a move that will see the Italian state lender take control of the broadband infrastructure group.
In a statement on Friday, CDP - which already owns 50% of Open Fiber alongside Enel's 50% - also said it was committed to bringing in "new resources" before closing of the deal to help speed up broadband network development.
It had also authorised the signing of a binding term-sheet with Macquarie MQG.AX regarding Open Fiber's governance for when the fund, which is in talks to buy out Enel's remaining stake in the broadband group, becomes a shareholder.