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Vivendi, which holds 24% of TIM, filed a complaint with a Milan court in December 2023 challenging the sale, worth up to 22 billion euros ($22.4 billion). Under Italian rules, a non-binding ...

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Vivendi opposed TIM's landline network sale TIM says company's baord acted within its rights Vivendi open to selling TIM's stake, PE firms studying file MILAN, Jan 13 (Reuters) - An Italian court ...

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However, any transaction needs support from the Italian government, which has the power to vet any sale of more than 3% of the company. Italian state lender CDP is the second-largest investor in ...