Telecom Italia
0H6I
Delayed London Stock Exchange - 10/17 05:29:59 pm
0.5098EUR
-0.25%

Italy's CDP to Support Telecom Italia Project -La Repubblica

Envoyer par e-mail
04/16/2018 | 11:16 am


--Italy's Minister of Economic Development Carlo Calenda tells La Repubblica that state-controlled lender CDP bought a stake in Telecom Italia not to take over control, but to support a project that includes the spinoff of its network business.



--Mr. Calenda says France's Vivendi, Telecom Italia's largest shareholder, has been an "awful" shareholder that destroyed rather than created value.



--CDP said earlier this month that it planned to build up a long-term stake in Telecom Italia of up to 5%. According to market regulator Consob, it now holds a 4.3% stake.





Full article in Italian: https://bit.ly/2EODFhp





Write to Barcelona editors at barcelonaeditors@dowjones.com





Envoyer par e-mail