Saturday, April 7, 2007

UPDATE 1-Prodi, minister weigh into T.Italia ownership debate

(Reuters) - MILAN, April 7 - Italy's Prime Minister and his industry minister weighed into a debate over ownership of former state monopoly Telecom Italia on Saturday as opposition to interest from a transatlantic team grows.

Romano Prodi said he would be against breaking up Telecom Italia for its Brazilian assets if U.S. phone giant AT&T and America Movil won control, while Pierluigi Bersani, who has the industry portfolio, called on Italian players to step in.


Read more at Reuters.com Mergers News

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