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General

Vivendi admits it may control Telecom Italia - report

Thursday 6 April 2017 | 09:32 CET | News
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Vivendi has told the European Commission that next month's Telecom Italia shareholder meeting may hand it de facto control of the Italian company, Reuters reported. Two of Reuters' sources said it sent a notification to the Commission as it seeks to secure two thirds of the seats at the 04 May meeting. An EU Commission spokesman told Reuters it had received a notification from Vivendi and would rule on the matter by 12 May.

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