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Poste to Become Telecom Italia's No. 1 Investor by Buying Stake from Vivendi
Key takeaways: Poste Italiane has agreed to buy a 15% stake in Telecom Italia (TIM) from Vivendi, becoming the company’s largest shareholder with a 24.8% holding. The deal will see Poste replace Vivendi as TIM’s main investor, paying €684 million (around $741 million) for the stake. The move...
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