Thursday, 20 July 2017

Xavier Niel spent €225m on 'strategic' Telecom Italia stake

By Mary Lennighan, Total Telecom
Thursday 10 December 15

French businessman indicates he will monitor Italian telco's management, strategy, and business development.

Xavier Niel spent €225.31 million building up his stake in Telecom Italia, according to a new SEC filing that indicates the French businessman could seek to exert some influence over the Italian incumbent's strategy. A series of Consob filings in recent weeks showed Niel has built up a long optional position on 15…

Xavier Niel spent €225.31 million building up his stake in Telecom Italia, according to a new SEC filing that indicates the French businessman could seek to exert some influence over the Italian incumbent's strategy. A series of Consob filings in recent weeks showed Niel has built up a long optional position on 15…

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