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Vivendi

財經新聞

Telecom Italia loses CEO in boardroom clash after KKR offer

* TIM Brazil head Labriola named director general * KKR has tabled $12 billion proposal to take TIM private * Under fire from top investor, CEO offers to give up powers * Auditors raise fresh concerns over costly soccer deal (Recasts with sources on outcome of board meeting) By Elvira Pollina MILAN, Nov 26 (Reuters) - Telecom Italia (TIM) TLIT.MI l
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KKR offer prompts Telecom Italia board showdown over CEO's future

* KKR has tabled $12 billion proposal to take TIM private * Under fire from top investor, CEO offers to give up powers * Auditors raise fresh concerns over costly soccer deals By Elvira Pollina MILAN, Nov 26 (Reuters) - Telecom Italia faces another boardroom showdown after Luigi Gubitosi told them he was ready to quit as chief executive if that hel
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TIM's top investor Vivendi digs in after KKR's approach

* Vivendi says no plans to sell TIM stake * TIM overhaul difficult to executive without top investor * Friday's board meeting risks being postponed-sources By Agnieszka Flak , Elvira Pollina and Valentina Za MILAN, Nov 23 (Reuters) - Telecom Italia's TLIT.MI top investor Vivendi VIV.PA said it intended to stay in the group for the long haul, signal
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European shares end flat as warnings of tighter curbs cloud M&A cheer

* Telecom stocks clock best day since March * Austria begins 10-day national lockdown * Ericsson slides on $6.2 bln deal to buy Vonage By Anisha Sircar and Shreyashi Sanyal Nov 22 (Reuters) - European shares ended flat on Monday as Germany's warning of tighter lockdown restrictions overshadowed gains in Telecom Italia following a $12-billion propos
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KKR makes $12 bln approach to take Telecom Italia private

* Board evaluates KKR proposal in special Sunday meeting * Goal is to spin off fixed line, run it as govt-regulated asset * Embattled TIM CEO pushing to revive single-network plan * Rival CVC, Advent also open to studying solution for TIM * Govt says to follow plans for TIM's fixed line By Elvira Pollina, Valentina Za and Pamela Barbaglia MILAN, No
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