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Stock Market & Financial Investment News

News Breaks
October 2, 2012
10:37 EDTTSU, TITIM Participacoes facing regulatory investigation, Reuters reports
TIM Participacoes (TSU), Brazil's second-largest wireless phone company and the Brazilian affiliate of Telecom Italia (TI), is facing an investigation of its accounting practices by Brazilian securities regulator CVM and the U.S. SEC, according to a Reuters report. Reference Link
News For TSU;TI From The Last 14 Days
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September 26, 2014
12:29 EDTTITelecom Italia not up for sale, but welcomes cash infusions, Reuters says
Telecom Italia is not up for sale, but the company is open to cash infusions, Reuters reports, citing a board member Tarak Ben Ammar. When questioned about reports U.S. businessman Sol Trujullo is seeking to bid for a stake in Telecom Italia, Ammar said, "We don't know him and he never contacted us." Reference Link
08:01 EDTTITelecom Italia says will consider proposal for extension received from Fintech
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September 25, 2014
06:39 EDTTIEx-Telstra CEO aiming for $9.6B offer for Telecom Italia share, Bloomberg says
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September 19, 2014
06:17 EDTTITelefonica acquires Brazil's GVT from Vivendi
Spanish telecom company Telefonica (TEF) agreed to buy Brazilian telecom unit Global Village Telecom, or GVT, from Vivendi (VIVHY) for EUR4.66B in cash as well as a payment in shares representing 12.0% of the share capital of Telefonica Brasil, after its integration with GVT. As part of the agreement, Vivendi has accepted Telefonica’s offer to acquire 1.1B ordinary shares held by Telefonica in Telecom Italia (TI), currently representing 8.3% of Telecom Italia’s voting share capital (corresponding to 5.7% of its total share capital), in exchange of 4.5% of Vivendi’s capital in the company resulting from the integration between Telefonica Brasil and GVT.
September 17, 2014
09:22 EDTTSU, TITelecom Italia not holding talks with Oi, Tim Participacoes says,Reuters reports
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09:01 EDTTI, TSUTim Participacoes says no talks between Oi, Telecom Italia, Bloomberg reports
Bloomberg cites a regulatory filing from Tim Participacoes (TSU).

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