Thursday, 22 June 2017

Benvenuto Signor Niel

By Mary Lennighan, Total Telecom
Friday 30 October 15

Xavier Niel has found a window of opportunity to buy into Telecom Italia, but is there more to his plan than a financial investment?

Telecom Italia this week welcomed a new major shareholder in the form of French businessman Xavier Niel. The market reacted favourably to the news; the Italian incumbent's shares were trading 13% higher on Friday morning than they had been 24 hours earlier, before news of Niel's arrival was confirmed. But the industry was left wondering at the motivation behind Niel's desire to build up a position in Telecom Italia. Via call options and other long positions…

Telecom Italia this week welcomed a new major shareholder in the form of French businessman Xavier Niel. The market reacted favourably to the news; the Italian incumbent's shares were trading 13% higher on Friday morning than they had been 24 hours earlier, before news of Niel's arrival was confirmed. But the industry was left wondering at the motivation behind Niel's desire to build up a position in Telecom Italia. Via call options and other long positions…

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