Thursday, 08 December 2016

Telecom Italia shareholders go their separate ways

By Mary Lennighan, Total Telecom
Friday 27 June 14

Telco reports €830.5 million writedown; board approves demerger.

Telecom Italia's controlling shareholder group Telco is splitting up, having recorded a €830.5 million writedown on the value of its stake in the Italian telco. The break-up has been on the cards for some time. Insurance company Assicurazioni Generali earlier this month said it planned to leave Telco…

Telecom Italia's controlling shareholder group Telco is splitting up, having recorded a €830.5 million writedown on the value of its stake in the Italian telco. The break-up has been on the cards for some time. Insurance company Assicurazioni Generali earlier this month said it planned to leave Telco…

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