Telecom Italia S.p.A. (TIT.MI)
| Previous close | 0.2280 |
| Open | 0.2226 |
| Bid | 0.2236 x 0 |
| Ask | 0.2238 x 0 |
| Day's range | 0.2194 - 0.2253 |
| 52-week range | 0.2000 - 0.3271 |
| Volume | |
| Avg. volume | 234,174,678 |
| Market cap | 4.815B |
| Beta (5Y monthly) | 1.03 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 21 Jun 2021 |
| 1y target est | N/A |
- Reuters
Exclusive-EU concerned about KKR, Telecom Italia deal impact on wholesale competition, sources say
European Union antitrust regulators are asking rivals and customers whether proposed acquisition of Telecom Italia's (TIM) fixed-line access network by U.S. investment firm KKR could hamper Italy's wholesale market, people familiar with the matter said on Tuesday. Such regulatory worries could lead to a lengthy investigation of the deal and put pressure on KKR to offer significant remedies. KKR is buying TIM's domestic network for up to 22 billion euros ($23.5 billion) in a deal that would make the Italian telecoms group the first in a major European country to divest its landline grid.
- Reuters
UPDATE 1-Healthcare, tech stocks boost STOXX 600 to one-week high
European stocks scaled to their highest levels in more than a week on Tuesday, driven by the healthcare and technology sector, as investors found comfort in upbeat corporate earnings, while the UK's FTSE 100 Index climbed to hit an all-time peak. The pan-European STOXX 600 index was up 0.6%, as of 0838 GMT, boosted by a nearly 0.9% jump in healthcare stocks .
- Reuters
Telecom Italia CEO secures second term to reshape group
MILAN (Reuters) -Telecom Italia (TIM) shareholders on Tuesday handed CEO Pietro Labriola a new three-year term to press ahead with a revamp centred on a government-backed sale of the former phone monopoly's fixed-line access network to U.S. fund KKR. The decision of top investor Vivendi to abstain from backing any slate of nominees despite its opposition to the deal was key to the final outcome at the company's annual general meeting (AGM), held virtually. With an attendance rate of only 50.8%, the French media giant could have obstructed Labriola's reappointment if it had thrown its 24% stake behind nominees put forward by minority investor Merlyn Partners, figures provided by TIM showed.
