‘Italian court upholds nullification of ruling over Vivendi’s control of TIM’
Italy's Supreme Court has upheld a ruling that overturned a market regulator resolution indicating that French media group Vivendi had "de facto" control of Telecom Italia.
In 2017, Italian market regulator Consob ruled that Vivendi, the largest shareholder of Telecom Italia Mobile (TIM), assume... Read more
Telecom Italia open to network spinoff as CEO weighs options
The new boss has a broad mandate to make changes and pursue new areas of business.
Telecom Italia (TIM) this week opened the door to a spin-off of its prized infrastructure assets, according to a report in Reuters. TIM, which is wrestling with shrinking revenues in its hyper-competitive domestic... Read more
KKR and CVC Capital want to buy Telecom Italia
But the "indication of interest" faces a series of hurdles on multiple sides.
Private equity giants KKR & Co. and CVC Capital Partners are considering teaming up on a bid for Telecom Italia SpA, according to a report in Bloomberg News. Such a move would help share the financial burden for Eu... Read more