Telecom Italia's board is considering endorsing Poste Italiane's €10.8 billion takeover offer as fair and is unlikely to seek a higher price. This development, based on sources familiar with the matter, suggests a potential acquisition of Telecom Italia by the Italian postal service. The deal would be significant for Italy's telecommunications and postal sectors.
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Analyzed · Moderate confidence (56%)
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Bid valued at €10.8 billion
Telecom Italia's board is leaning toward endorsing Poste Italiane's €10.8 billion takeover offer as fair.
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Telecom Italia's board is leaning toward endorsing Poste Italiane's €10.8 billion takeover offer as fair.
OpinionTelecom Italia SpA’s board is leaning toward endorsing Poste Italiane SpA’s €10.8 billion ($12.4 billion) takeover offer as fair, and is unlikely to seek a higher price, according to people familiar with the matter.
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Telecom Italia's board is leaning toward endorsing Poste Italiane's €10.8 billion takeover offer as fair.
OpinionTelecom Italia is unlikely to seek a higher price for the takeover.
Opinion