BID-GO Srl has launched a mandatory public tender offer on GO internet S.p.A.

BID-GO Srl has made a mandatory bid to acquire shares in GO internet S.p.A.

BID-GO is a vehicle owned by Tiscali S.p.A., and ultimately Tessellis S.p.A., created for the purpose of tendering GO internet and delisting the company.

GO internet engages in broadband telecommunications services. It provides broadband wireless access, internet connection and telephone services using fourth generation wireless technology. The company was founded in 2002 and is headquartered in Gubbio, Italy.

Oaklins Italy’s parent company Banca Akros acted as the appointed broker in the collection of shares in this mandatory public tender offer.