Italian State Lender To Buy Shares In Telecom Italia On Market Or In Block Orders: Source - FbiCables Network | The News that Shapes World Opinion

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Thursday, April 05, 2018

Italian State Lender To Buy Shares In Telecom Italia On Market Or In Block Orders: Source


Telecom Italia new logo is seen at the headquarter in Rozzano neighbourhood of Milan
Telecom Italia new logo is seen at the headquarter in Rozzano neighbourhood of Milan, Italy, May 25, 2016. REUTERS/Stefano Rellandini/File Photo
April 5, 2018
MILAN (Reuters) – Italian state lender CDP intends to buy shares in Telecom Italia (TIM) on the market or in block orders, a source told Reuters on Thursday.
CDP, which is controlled by Italy’s Treasury, does not currently hold any shares in TIM, the source, who is close to the matter, added.
The decision on the share acquisition, including its size, will be taken at CDP’s board meeting on Thursday.

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