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General

Soru, Ruggiero nominated for new Tiscali board

Wednesday 27 January 2016 | 15:11 CET | News
Tiscali founder Renato Soru and Aria CEO Riccardo Ruggiero are two of the candidates nominated for the board of directors of the Italian operator following its merger with WiMax provider Aria Italia. In a statement, Tiscali announced seven other candidates for the board, including Franco Grimaldi, Paola De Martini and Anna Belova as independent directors. A shareholders meeting has been called for 16 February 2016 in order to appoint a new board, with shareholders also asked to consider a proposal to issue up 250 million new shares to Rigensis Bank to satisfy a claim at Aria worth EUR 15

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Categories: General
Companies: Aria / Tiscali
Countries: Italy
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