Tuesday, 26 September 2017

Sol Trujillo looks to buy Telecom Italia stake

By Nick Wood, Total Telecom
Thursday 25 September 14

Former Telstra chief reportedly in talks to raise €7.5 billion, wants to become CEO of Italian incumbent.

Former Telstra chief executive Sol Trujillo is in the process of raising around €7.5 billion for the purposes of taking a stake in Telecom Italia and installing himself as CEO. According to a report by Bloomberg on Thursday, sovereign wealth funds in Qatar and Abu Dhabi have expressed interest in funding Trujillo's plan…

Former Telstra chief executive Sol Trujillo is in the process of raising around €7.5 billion for the purposes of taking a stake in Telecom Italia and installing himself as CEO. According to a report by Bloomberg on Thursday, sovereign wealth funds in Qatar and Abu Dhabi have expressed interest in funding Trujillo's plan…

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