According to various press reports, citing the US Securities and Exchange Commission, Vivendi now owns almost a quarter of the stock of Telecom Italia, following its purchase of an additional 148 million shares between March 1 and March 9 for €155 million.
Vivendi has increased its influence with Telecom Italia in stages over the last few months, upping its stake and securing the appointment of four additional members of the Telecom Italia board. The French media group has also reportedly pressed for the replacement of Telecom Italia chief executive Marco Patuano and a change in the company’s strategic focus.
ICYMI: Government puts stadium plans on hold, with sports set to continue without crowds digitaltveurope.com/2020/09/22/gov… https://t.co/wscFY7GbXe
22 September 2020 @ 19:00:01 UTC
Join us for Day 4 of the DTVE Digital Symposium "The user experience: gateway to content" on 24 September at 3pm BS… twitter.com/i/web/status/1…
22 September 2020 @ 17:27:36 UTC