Vivendi begins to sell down stake in TIM
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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Tag: Vivendi
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.
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Vivendi wants shareholders to vote on KKR deal
News The outspoken shareholder thinks KKR’s bid for TIM’s fixed line network undervalues the...
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Italian government to take 20% stake in TIM’s NetCo
News NetCo includes TIM’s fixed line network assets and their submarine cable subsidiary unit,...
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