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TIM extends deadline for Persidera bids - report

Monday 15 January 2018 | 08:33 CET | News
Telecom Italia (TIM) has decided to extend the 15 January deadline given to companies bidding for the majority stake it has put up for sale in broadcasting company Persidera, according to unnamed sources cited by Reuters. The aim is to give potential bidders more time to prepare offers, with one source indicating there has been a postponement of two to three weeks to meet requests from funds. Another source said TIM may even decide to shelve the process for the time being if few bidders emerge.

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Categories: Broadcast & Satellite
Companies: European Commission / Mediaset / RAI / Telecom Italia / Telecom Italia Media / TIM / Vivendi
Countries: Italy
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