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General

Italian regulator reviewing Telecom Italia's plans - report

Wednesday 13 November 2013 | 09:28 CET | News
Italian market regulator Consob is carrying out checks on Telecom Italia's asset divestment plans and on the EUR 1.3 billion convertible bond the company sold last week, reports Reuters citing a source close to Consob. The regulator is also making checks on issues relating to a shareholder meeting due on 20 December to vote on a request by minority shareholder Findim to remove the operator's current board. According to the source, "360-degree checks" relating to Telecom Italia are under way. Telecom Italia said last week it would sell its Argentina unit and other assets while issuing a

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Categories: General
Companies: Telecom Italia
Countries: Italy
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