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General

Italian state lender CDP to up TIM stake to 10% this month - report

Wednesday 6 March 2019 | 16:05 CET | News
Italian state lender CDP intends to increase its stake in Telecom Italia (TIM) to over 10 percent just a few weeks after passing the 5 percent threshold, according to two unnamed sources cited by Reuters. The state holding last week confirmed that it had 7.1 percent of TIM's voting capital as of 18 February and is likely to reach double figures this month ahead of a shareholder vote to review the composition of TIM's board on 29 March.

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Categories: General
Companies: Telecom Italia / TIM / Vivendi
Countries: Italy
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