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Telecom Italia concludes savings share conversion ahead of Poste's bid

M&A & RestructuringCompany FundamentalsManagement & Governance

Telecom Italia is set to complete a share conversion on Thursday, turning a special higher-remuneration share class into ordinary stock. The transaction eliminates an extra cost burden for the group and simplifies its capital structure, but the article does not cite any immediate financial figures or trading impact.

Analysis

Telecom Italia is set to complete a share conversion on Thursday, turning a special higher-remuneration share class into ordinary stock. The transaction eliminates an extra cost burden for the group and simplifies its capital structure, but the article does not cite any immediate financial figures or trading impact.

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