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Regulatory changes may lead to merger with Open Fiber- TIM CEO to FT
Schätze mal sobald die Leute entlassen gehts hier wieder ein gutes Stück weiter rauf. Ist eigentlich immer so. Gesundschrumpfen nennt man des!
The activist US investment fund Elliott Advisors has increased its stake in Telecom Italia (TIM) and could buy more shares amid a continuing boardroom battle with the Italian telco’s largest shareholder, Vivendi of France. Bloomberg reports that Elliott has upped its stake in TIM from 8.8% to 9.4% and cites unnamed sources as saying that the fund is interested in increasing its holding still further, seeing TIM as ‘undervalued and an attractive investment’.
ROME (Reuters) - The board of Cassa Depositi e Prestiti (CDP) has given its approval for the Italian state lender to increase its stake in Telecom Italia to 10 percent in the next 12 months, a source familiar with the matter said on Friday.