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General

Iliad owner Niel sells off all Telecom Italia holdings

Thursday 28 July 2016 | 08:46 CET | News
French businessman Xavier Niel, the largest shareholder in forthcoming Italian mobile operator Iliad, has divested all his shares and options in Telecom Italia, according to a statement by NJJ Holding, his personal holding company. "NJJ Holding states that neither it nor Xavier Niel holds, directly or indirectly any shares or options relating to Telecom Italia S.p.A.," said the company. Niel previously owned options on 15.1 percent of Telecom Italia, potentially making him the second-largest shareholder in the operator behind French media conglomerate Vivendi. However, he pledged to dispose

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Categories: General
Companies: 3 Italia / Iliad / Telecom Italia / Vivendi / Wind
Countries: Italy
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