54 Days
Source:
الاقتصادية
Source: الاقتصادية
54 Daysالاقتصادية
Source: الاقتصادية
54 DaysReady to play
Ready to play
Italian Post-Energy has acquired a 66.6% stake in Telecom Italia’s capital after raising its cash takeover bid by 18% to €1.97 per share, resulting in a total bid value of approximately €13.15 billion. Shareholder response to the offer stood at 58.2%, falling short of the 66.67% acceptance threshold needed for the bid to proceed. However, Telecom Italia's board of directors unanimously approved the deal. This move is part of Italy’s government strategy to strengthen its ownership in the company and make a strategic investment in the telecommunications sector.
Notice: This Is an AI-Generated Summary
Comments (0)