Thursday, 29 October 2020

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…

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