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General

Vivendi drops demand to replace TIM board members

Friday 29 March 2019 | 14:23 CET | News
Update: 29 March 2019 | 18:36 CET
Vivendi's move is set to be approved by shareholders and follows a war of words with activist fund Elliott lasting several months after the French company called for the removal of TIM chairman Fulvio Conti and four other Elliott-appointed directors on grounds of a "substantial lack of independence" and for conspiring to replace TIM CEO Amos Genish, a former Vivendi executive.

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[29/03/2019 18:36 - Update: Adds TIM statement confirming shareholder approval.]


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