Telecom Italia S.p.A. (0H6I.IL)
| Previous close | 0.2925 |
| Open | 0.2900 |
| Bid | 0.2787 x 0 |
| Ask | 0.2904 x 0 |
| Day's range | 0.2812 - 0.2907 |
| 52-week range | 0.1627 - 0.3691 |
| Volume | |
| Avg. volume | 50,871,301 |
| Market cap | 5.748B |
| Beta (5Y monthly) | 1.10 |
| PE ratio (TTM) | 0.83 |
| EPS (TTM) | 0.3430 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 21 Jun 2021 |
| 1y target est | N/A |
- Reuters
Italy's TIM tells network bidders to raise offers, sets new deadline
MILAN (Reuters) -Telecom Italia (TIM) on Wednesday said a preliminary offer for its landline grid by Italian state lender CDP and Macquarie undervalues the asset, and set a new deadline of next month for improved bids. After a board meeting, TIM said it would seek a new round of proposals from CDP and Macquarie, as well as from rival suitor KKR by April 18. "In order to enable both the (CDP/Macquarie) consortium and KKR to submit their improved offer..., the board mandated Chief Executive Officer, Pietro Labriola, to initiate a structured process", TIM said.
- Reuters
Shareholder Vivendi says bids for Telecom Italia network too low
PARIS (Reuters) -The rival bids for the network of Telecom Italia (TIM) are too low, the chief executive of leading TIM shareholder Vivendi said on Wednesday. Italian state lender CDP has teamed up with Macquarie for a non-binding offer for the fixed-line network of the former Italian phone monopoly, rivalling an approach made by KKR. "The offers made as of today, as far as I understand them, are far below the real value, and the real value of this beautiful company of Telecom Italia," Vivendi CEO Arnaud de Puyfontaine told reporters.
- Reuters
Vivendi hits antitrust hurdles in quest for Lagardere
French media group Vivendi hit antitrust hurdles in its quest to take over media group Lagardere, its chief executive said on Wednesday, as the company has a week to convince the European Commission over its proposed remedies. Hachette, the world's third-biggest publishing group, currently owned by Lagardere, is key to the planned tie-up. The prospect of seeing Hachette merged with Vivendi's publishing division Editis triggered criticism from independent publishers and the loss of some well-known authors from Editis.
