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General

Vivendi confirms long-term commitment to Telecom Italia

Tuesday 31 March 2020 | 09:48 CET | News
French media giant has reiterated its long-term commitment to Telecom Italia (TIM) after activist fund Elliott reduced its stake in the Italian operator to under 7 percent. "In light of recent events and Elliott's stake reduction, Vivendi confirms its own commitment to Telecom Italia as a long-term industrial investor," a Vivendi spokesman told Reuters.

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