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General

TIM board to discuss Elliott AGM proposal on 09 April

Thursday 29 March 2018 | 16:57 CET | News
Telecom Italia (TIM) has announced that its board of directors will meet on 09 April to discuss "potential actions to be taken" after its statutory auditors asked to supplement the agenda of the upcoming Annual Shareholders' Meeting to be held on 24 April with a motion proposed by activist fund Elliott. The motion tabled by Elliott International, Elliott Associates and The Liverpool Limited Partnership on 15 March calls for six Vivendi-nominated board members, including TIM chairman and Vivendi CEO Arnaud de Puyfontaine, to be replaced.

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