The telecommunications company said Saturday that its board deemed the price to be fair.
Poste is betting that its bid of $14.9 billion will accelerate its expansion into digital, telecoms and cloud services.
If the offer is accepted by shareholders, a takeover could value Telecom Italia at €13 billion ($14.8bn) based on Poste's ...
The €13 billion takeover bid will last 40 days and conclude on September 11th. Delisting is the goal. TIM's CEO writes to ...
MILAN (Reuters) -Poste Italiane has agreed to buy the bulk of Vivendi's stake in Telecom Italia to replace the French group as the main investor in the phone group with a 24.8% holding, Poste said on ...
Poste Italiane’s bid for Telecom Italia looks like a telecom deal on paper, but the real story is industrial policy. Italy is trying to pull a battered former monopoly back into a state-controlled ...
Poste Italiane opens the TIM tender offer: the takeover bid will begin on July 20th and will remain open for 40 trading days.
Poste Italiane is betting on its Telecom Italia tie-up to turn post offices and sorting centres into the backbone of Italian AI infrastructure.
Poste aims to take TIM private, create national digital champion TIM's board seen picking advisers on Sunday to evaluate bid TIM expected to grant Poste meeting after Easter break State-backed ...
After a decade under French control, Telecom Italia SpA now has an Italian state-backed group as its top investor — and it’s one that wants to foster mergers and acquisitions in the telecoms market.
Telecom Italia said its board of directors supported an offer from Poste Italiane, the group's biggest shareholder, to take full control through a bid valued at more than 13 billion euros ($14.87 ...