Italy's Treasury Files Bid for Telecom Italia's Subsea Unit
(Corrects to say Retelit is owned by, not with, Asterion in paragraph 2)
ROME (Reuters) -A consortium led by the Italian economy ministry has filed a 700 million euro ($733 million) binding offer for Telecom Italia's (TIM) submarine cable unit Sparkle, the ministry said on Thursday.
The ministry is bidding with Retelit, an Italian fibre network operator owned by Spanish infrastructure fund Asterion.
($1 = 0.9548 euros)
(Reporting by Giuseppe Fonte and Elvira Pollina, writing by Gianluca Semeraro, editing by Giulia Segreti)
