Poste Italiane Stock News
€24.29
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Borsa Italiana, Oct 07, 12:18 pm CEST.
Market open.
Poste Italiane Stock News
Poste Italiane CEO Matteo Del Fante said on Monday he expected his company to end with a "comfortably controlling stake" in Telecom Italia (TIM) after the reopening of its takeover bid later this month. In the main phase of the offer, which ended on September 11, Poste secured a 66.6% stake in the former national phone monopoly.
Italian financial conglomerate Poste Italiane said it increased the consideration for its tender offer on Telecom Italia and waived its threshold condition.
The telecommunications company said Saturday that its board deemed the price to be fair.
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