Monday, 18 November 2019

Italian state lender set to increase Telecom Italia stake to 10%

By Chris Kelly, Total Telecom
Friday 15 February 19

TIM's share price rallied on news of the potential investment

Italy's state lending fund, Cassa Depositi e Prestiti, could be set to increase its stake in Telecom Italia (TIM) to up to 10 per cent, according to a report by Reuters. CDP's board cleared the way for the Italian lender to increase its stake in TIM to a maximum holding of 10 per cent within the next 12 months…

Italy's state lending fund, Cassa Depositi e Prestiti, could be set to increase its stake in Telecom Italia (TIM) to up to 10 per cent, according to a report by Reuters. CDP's board cleared the way for the Italian lender to increase its stake in TIM to a maximum holding of 10 per cent within the next 12 months…

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