The holding company that controls Telecom Italia said on Tuesday it would hold a board meeting on Thursday to discuss decisions relating to a shareholder meeting called to oust the board of the phone group. In a statement, Telco said the decisions also relate to the number, pay and term of directors, should the meeting […]
Telecom Italia said on Monday it had not received any information from U.S. money manager BlackRock regarding an increase in its stake in the Italian telecoms group to 10.14 percent, as shown by U.S. regulatory filings. Telecom Italia said BlackRock had not submitted as of December 13 any communications that would entitle it to vote […]
Italys market watchdog Consob is likely to fine Telecom Italia for procedural irregularities over the sale of a 1.3 billion euro ($1.79 billion) convertible bond to Telefonica and other investors, legal sources familiar with the matter said. Consob opened a probe into the bond in November to see whether the operation breached so-called related party […]
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