Telecom Italia Media, L'Espresso multiplex deal seen within weeks
MILAN (Reuters) - Italian broadcaster Telecom Italia Media and publisher L'Espresso are expected to announce a deal that will merge their digital broadcasting assets within weeks, sources close to the matter said on Wednesday.
The combination of the two companies multiplex divisions would create a unit valued at 500 million euros (414 million pounds), the sources added.
"A couple of weeks are still needed, I would imagine we will need till the second half of February," one of the sources said, while another spoke of "mid month".
The companies declined to comment.
(Reporting by Claudia Cristoferi and Cristina Carlevaro, writing by Agnieszka Flak)
