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General

TIM small shareholders association set to reject Vivendi board changes

Tuesday 19 March 2019 | 14:39 CET | News
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Telecom Italia's minority investors association Asati has issued a statement confirming that it intends to vote against a proposal by TIM's leading investor Vivendi's to remove five Elliott-appointed directors at a shareholders' meeting later this month. The association confirmed it would be voting against the proposal "... in line with the indications of the main proxy advisors ISS, Glass Lewis and Frontis that are always significant when it comes to building a concrete structure in accordance with the model of a public company," said Asati, adding that it would also be voting to approve

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