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Stock Market & Financial Investment News

News Breaks
July 23, 2014
11:34 EDTTI, TSU, VIVHYTelecom Italia CEO says TIM, GVT deal not goal at moment, Reuters says
Telecom Italia (TI) CEO Marco Patuano said the company is not ruling out merging its Brazilian division with TIM Participacoes (TSU) and Vivendi (VIVHY) division GVT, but that potential agreement is not a goal for the company at the moment, according to Reuters, citing comments from Marco Patuano. Reference Link
News For TI;TSU;VIVHY From The Last 14 Days
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October 21, 2014
09:12 EDTVIVHYGNC, eBay, Vivendi recommended as long ideas by Sandler, Bloomberg reports
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October 17, 2014
07:05 EDTVIVHYVivendi division, collaborator mull TVN stake sale, Bloomberg says
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October 14, 2014
09:51 EDTTI, TSUTelecom Italia CEO says Tim Participacoes not in rush for deal, Reuters reports
Telecom Italia (TI) CEO Marco Emilio Patuano told Valor Economico that TIM Participaçoes (TSU) can remain competitive in Brazil for five years without losing market share and that it is not in a rush for potential mergers and acquisitions, reported Reuters. TIM Brasil reportedly hired an advisor to look at a potential bid for Oi (OIBR), a source told Reuters previously, and Oi itself has hired a bank as well to advise it on a possible bid for Telecom Italia's 67% stake in TIM Brasil, the report noted, but Patuano told Valor: "I find it curious to see public comments [on a potential Oi bid for TIM] well before there is any concrete possibility of such a thing happening. Telecom Italia is not seeking an offer." Reference Link

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