Egypt’s Sawiris considers buy in Italy internet sector: Corriere della Sera

March 14, 2015 admin acquisition, cairo, corriere, egypt, his-office, internet, italy, naguib-sawiris, reuters, sawiris, speaks-during, telecom, tycoon-said

Naguib Sawiris is considering making an acquisition in Italy's Internet sector, the Egyptian tycoon said in an interview published on Saturday. Sawiris, whose family founded Egypt's giant Orascom group, said in an interview with Corriere della Sera that he planned to create a new data center in Milan, which would be Italy's biggest, by the end of April. “We are also weighing up another acquisition, still in the Internet sector,” said Sawiris, who made an unsuccessful bid to buy a stake in Telecom Italia in 2012