Friday, 17 November 2017

Vivendi not looking to merge with Telecom Italia

By Mary Lennighan, Total Telecom
Friday 04 December 15

French company defends its request to expand Italian incumbent's board, insists it will not be over-represented.

Vivendi this week sought to reassure shareholders with regard to its intentions for Telecom Italia, insisting it is not seeking to change the Italian incumbent's strategy or to pursue a full merger between the two groups. The French media company's CEO Arnaud de Puyfontaine made the statement in an open letter to investment management industry body Assogestioni on Thursday…

Vivendi this week sought to reassure shareholders with regard to its intentions for Telecom Italia, insisting it is not seeking to change the Italian incumbent's strategy or to pursue a full merger between the two groups. The French media company's CEO Arnaud de Puyfontaine made the statement in an open letter to investment management industry body Assogestioni on Thursday…

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