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General

TIM to discuss asset sales at 24 Sept board meeting - report

Wednesday 19 September 2018 | 15:48 CET | News
Telecom Italia (TIM) is set to discuss the sale of non-core assets including its Sparkle and Persidera units at a board meeting to be held on 24 September, according to the Radiocor and Ansa news agencies. The news comes after the company announced in July that it had "started an evaluation process of the strategic options related to its subsidiaries", with TIM's chairman Fulvio Conti recently revealing that the company had started the process to divest international services arm Sparkle, with state lender Cassa Depositi e Prestiti (CDP) emerging as a potential buyer.

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