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Telecom Italia S.p.A. (TITR.MI)
| Previous close | 0.4464 |
| Open | 0.4470 |
| Bid | 0.4344 x 0 |
| Ask | 0.4375 x 0 |
| Day's range | 0.4345 - 0.4515 |
| 52-week range | 0.3174 - 0.5048 |
| Volume | |
| Avg. volume | 74,070,745 |
| Market cap | 8.812B |
| Beta (5Y monthly) | 1.43 |
| PE ratio (TTM) | 1.27 |
| EPS (TTM) | 0.3430 |
| Earnings date | N/A |
| Forward dividend & yield | 0.03 (6.04%) |
| Ex-dividend date | 21 Jun 2021 |
| 1y target est | N/A |
- Reuters
Telecom Italia picks advisers for KKR takeover approach
MILAN (Reuters) -Telecom Italia (TIM) said on Monday it has picked Goldman Sachs and LionTree to advise Italy's biggest telcoms group on the takeover approach by U.S. fund giant KKR. KKR made its non-binding offer for TIM, just before a boardroom row forced group CEO Luigi Gubitosi to step down following a clash with top investor Vivendi after two profit warnings since July. TIM said in the statement the advisers would help the company in also assessing any potential "strategic alternatives" to develop the group.
- Reuters
Vivendi is open to discuss with Rome over state control on TIM's network
Telecom Italia's (TIM) top shareholder Vivendi is open to discussing the possibility that the Italian government wins control of TIM's fixed-line network, a spokesperson for the French company said on Sunday. The statement marks a shift in the stance of the French media group as TIM's investors get ready to evaluate a 10.8 billion euro ($12.2 billion) takeover plan presented by U.S. fund KKR for TIM.
- Bloomberg
Vivendi Open to State Control for Telecom Italia Network
(Bloomberg) -- Vivendi SE, Telecom Italia SpA’s largest investor, could back ceding control of the former phone monopoly’s network to the Italian state, in a move that could counter KKR & Co.’s preliminary 10.8 billion euro ($12.2 billion) bid for the company.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving Neighborhoods“The hypothesis of state control of the network, if it were preparat
