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Stock Market & Financial Investment News

News Breaks
January 17, 2013
07:46 EDTTITelecom Italia fails to attract higher bids, Reuters reports
Telecom Italia (TI) was unable to attract higher bids for its majority stake in the unprofitable Telecom Italia Media TV unit, sources say, as the possibility of a sale diminishes, reports Reuters. Two bidders, private equity fund Clessidra and media firm Cairo, didn't increase their offers, sources say. Reference Link
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May 8, 2013
06:12 EDTTITelecom Italia directors divided over Hutchison merger, Bloomberg reports
A group of directors appointed by Telecom Italia (TI) to review a potential merger with Hutchison Whampoa's (HUWHY) local unit are divided as its board meets today, sources say, reports Bloomberg. Reference Link

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