Telecom Italia’s board is leaning toward endorsing Poste Italiane’s €10.8B ($12.4B) takeover offer as fair and is unlikely to seek a higher price, per people familiar with the matter. This reduces deal overhang and supports near-term certainty around the transaction, which may be meaningful for the involved companies’ equity trading.
Telecom Italia’s board is leaning toward endorsing Poste Italiane’s €10.8B ($12.4B) takeover offer as fair and is unlikely to seek a higher price, per people familiar with the matter. This reduces deal overhang and supports near-term certainty around the transaction, which may be meaningful for the involved companies’ equity trading.
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