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General

Vivendi lodges appeal against TIM 'golden power' decree – report

Wednesday 14 February 2018 | 09:19 CET | News
France's Vivendi has lodged an appeal before Italy's head of state against the government's decision to activate the so-called "golden power" rule of 2012 on Telecom Italia (TIM), according to an unnamed source cited by Reuters. The move follows TIM's recent decision to likewise appeal to the head of state against the ruling issued last year in a bid to scale back Vivendi's influence in a company regarded as being of strategic national importance. "Vivendi has waited until now as a dialogue with the government is open (on the matter)," the source told Reuters, adding that this was a

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