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General

Vivendi ups Telecom Italia stake to 23.8%

Wednesday 2 March 2016 | 08:37 CET | News
Telecom Italia's leading shareholder Vivendi has once again increased its stake in the Italian operator by another percentage point to 23.8 percent, according to an SEC filing. Vivendi acquired 135 million shares on the market between 22 February and 29 February having previously upped its stake to 22.8 percent earlier in the month. The French media giant has previously stated a desire to develop its southern European activities, focusing on the delivery of digital content, and last week tabled a bid for a majority stake in the Mediaset Premium pay-TV unit of Italian broadcaster Mediaset,

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