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Stock Market & Financial Investment News

News Breaks
August 13, 2014
07:25 EDTTI, VIVHYTelecom Italia head, Vivendi chairman to discuss GVT offer, Reuters says
Telecom Italia (TI) CEO Marco Putuano is poised to discuss a bid for Vivendi's (VIVHY) Brazilian broadband division GVT with the company's chairman Vincent Bollore, according to Reuters, citing two sources with knowledge of the matter. One of the sources said that the agreement or GVT won't be formalized prior to Vivendi's board meeting on August 28.
News For TI;VIVHY From The Last 14 Days
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October 24, 2014
06:39 EDTTITelecom Italia nears agreement to divest TIM mobile towers, Reuters says
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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 EDTTITelecom 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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