Advertisement
UK markets close in 4 hours 35 minutes

  • FTSE 100

    8,194.00
    +46.97 (+0.58%)
     

  • FTSE 250

    20,085.89
    +1.10 (+0.01%)
     

  • AIM

    763.84
    +0.51 (+0.07%)
     

  • GBP/EUR

    1.1692
    -0.0020 (-0.17%)
     

  • GBP/USD

    1.2543
    -0.0019 (-0.15%)
     

  • Bitcoin GBP

    50,119.69
    -539.11 (-1.06%)
     

  • CMC Crypto 200

    1,283.90
    -55.17 (-4.12%)
     

  • S&P 500

    5,116.17
    +16.21 (+0.32%)
     

  • DOW

    38,386.09
    +146.43 (+0.38%)
     

  • CRUDE OIL

    82.95
    +0.32 (+0.39%)
     

  • GOLD FUTURES

    2,326.40
    -31.30 (-1.33%)
     

  • NIKKEI 225

    38,405.66
    +470.90 (+1.24%)
     

  • HANG SENG

    17,763.03
    +16.12 (+0.09%)
     

  • DAX

    18,060.68
    -57.64 (-0.32%)
     

  • CAC 40

    8,059.12
    -6.03 (-0.07%)
     
Stocks:

Trending tickers: Amazon, Tesla, Samsung, Mercedes-Benz, Whitbread

The latest investor updates on stocks that are trending on Tuesday

Telecom Italia network sale only 'realistic' option, minister says

Reuters
·1-min read
Italian Economy Minister Giorgetti at news conference in Rome

MILAN (Reuters) - The sale of Telecom Italia's (TIM) network is the only "realistic" option for the group, as it grants the survival of the phone company, Italy's economy minister said on Tuesday.

"TIM shareholders will decide if the sale of the fixed-line network to KKR will go ahead," Economy Minister Giancarlo Giorgetti told a press conference.

At an annual general meeting on April 23, TIM shareholders will decide whether to hand to outgoing Chief Executive Pietro Labriola, who engineered the network sale, another mandate at helm of the group.

(Reporting by Giuseppe Fonte, writing by Claudia Cristoferi, editing Giulia Segreti)