The French investment company said it had reduced its stake in the Italian incumbent operator from 23.8% to 18.4%, as of March 18
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Vivendi takes legal action over TIM sale
According to three unnamed sources in a Reuters report, TIM’s largest shareholder Vivendi have filed a legal complaint to a Milan court against TIM’s decision to sell its domestic fixed-line network to US firm KKR. After entering into negotiations in June, the TIM and KKR confirmed the deal, worth roughly €18.8 billion, last month.
Vivendi wants shareholders to vote on KKR deal
News The outspoken shareholder thinks KKR’s bid for TIM’s fixed line network undervalues the assets by around €7 billion Earlier this week, KKR finally made a binding offer for a stake in TIM’s would-be NetCo, which includes the company’s fixed-network. The financial...
Vivendi to face regulatory investigation as country rebalances media laws
A new investigation into Vivendi’s Italian assets could be initiated as early as next week, according to reports
Vivendi set to complain to EU over proposed Italian media plurality law
The French media company, which owns major stakes in both telecoms operator TIM and commercial broadcaster Mediaset, could see itself facing a six-month investigation if the law is enacted
Vivendi working on €3bn Universal Music deal with Tencent
Deal with Tencent could open up new markets for music label, Vivendi still exploring other strategic partnerships
Vivendi withdraws bid to oust 5 directors from TIM’s board
Vivendi remains Telecom Italia’s biggest shareholder, with a stake of approximately 24%
Vivendi receives setback in its bid to retake TIM boardroom
Vivendi lost control of the Telecom Italia boardroom in 2018 and is seeking to regain control
Vivendi’s TIM-Mediaset appeal decision due ‘after summer’
French media group will have to wait to find out if it must cut its stake in one of either Telecom Italia or Mediaset
Vivendi loses control of TIM board following crucial shareholder vote
Vivendi will remain TIM’s biggest shareholder but has lost voting control of the board of directors
TIM to name Vivendi man as new CEO
Amos Genish will be named as Italian incumbent’s chief executive at Thursday board meeting, sources say
Italy delays meeting on Vivendi sanction
Italian government pushes back meeting for a second time, sources say
Italian govt to go easy on Vivendi fine
State will impose financial penalty of less than €300 million on French firm after control ruling, source claims
TIM to take legal action against Vivendi control ruling
Consob rules French firm’s ability to control TIM’s board means it exercises de facto control over Italian incumbent
EU following Vivendi/TIM situation ‘very closely’ – Vestager
European competition commissioner keen to maintain customer choice and sustainable pricing in Italian telecoms market
Vivendi, TIM respond to government on control issue
Italian operator insists it had no obligation to disclose a change in ownership to the government.
Vivendi denies wielding control over Telecom Italia
French media conglomerate says it can’t influence outcome of shareholder meetings.
Vivendi’s Amos Genish to oversee TIM operations
French media group’s chief convergence officer relocates to Rome to become general manager for operations at Italian incumbent.
Vivendi tries to rein in TIM boss over rural fibre row
French media conglomerate reportedly urges Flavio Cattaneo to soften tone to avoid further antagonising Rome.
Vivendi appeals AGCOM ruling on TIM, Mediaset stakes
French media conglomerate reportedly follows through on legal challenge.
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