(Reuters) - Telecom Italia shares were heavily traded last week after AT&T and America Movil said they were in talks with Pirelli to buy a majority of Olimpia, which controls the telecoms company with an 18 percent stake.
Italy's heavyweight banks are working to find a way to keep Telecom Italia, which runs the country's fixed-line network, in domestic control, with two strands currently being developed, newspapers say -- one by Intesa Sanpaolo and one by Mediobanca.
Read more at Reuters.com Mergers News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment