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General

TIM lodges appeal against Elliott board change request

Friday 13 April 2018 | 15:03 CET | News
Telecom Italia (TIM) has confirmed that it has lodged an appeal against a decision by statutory auditors to supplement the agenda of the upcoming Annual Shareholders' Meeting on 24 April with a motion proposed by activist fund Elliott to replace six Vivendi-nominated board members. "The company has asked the Milan Court of Justice the application of urgency provisions by 24 April, when the AGM is scheduled," said TIM in a statement.

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