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Tag: italia
Vivendi snubs Telecom Italia share conversion plans
2015-12-14 08:47:00| Telecompaper Headlines
(Telecompaper) French media conglomerate Vivendi, currently Telecom Italia's biggest shareholder with a 20.1 percent stake, has announced that it will abstain from voting on the Italian operator's plan to convert its savings shares into ordinary stock at a 15 December meeting, meaning the plan is unlikely to be approved. If Telecom Italia completes its plan, Vivendi's holding could be diluted to 13.9 percent. Telecom Italia subsequently issued a statement defending the planned conversion, stressing that it was in the interests of all its shareholders and had been welcomed by analysts.
Tags: share
plans
italia
conversion
Vivendi CEO Signals Impatience With Telecom Italia
2015-12-14 01:21:33| Telecom - Topix.net
French media company Vivendi SA signaled its impatience with top management at Telecom Italia SpA on Sunday, as its push to gain seats on the Italian telecom's board risks foundering.
Tags: italia
ceo
telecom
signals
Telecom Italia defends itself as Vivendi rejects share conversion
2015-12-14 01:00:00| Total Telecom industry news
Tension mounts at Italian telco as its major shareholder seeks to derail savings share conversion plan on the back of opposition to its proposal to appoint new directors.
Tags: share
italia
conversion
telecom
Xavier Niel spent 225m on 'strategic' Telecom Italia stake
2015-12-10 01:00:00| Total Telecom industry news
French businessman indicates he will monitor Italian telco's management, strategy, and business development.
Tags: italia
spent
strategic
telecom
Telecom Italia SpA (TI) Upgraded to Buy at Zacks Investment Research
2015-12-09 04:46:29| Telecom - Topix.net
The brokerage presently has a $14.00 target price on the stock. Zacks Investment Research 's price target would indicate a potential upside of 11.73% from the company's current price.
Tags: buy
research
italia
investment
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