Advertisement
Advertisement
U.S. Markets closed
Advertisement
Advertisement
Advertisement
Advertisement

Vivendi SE (VIV.PA)

Paris - Paris Delayed Price. Currency in EUR
Add to watchlist
11.48+0.04 (+0.31%)
At close: 05:39PM CET
Advertisement
Full screen
Loading interactive chart...
  • Reuters

    UPDATE 2-Telecom Italia open to network spinoff as CEO weighs options

    Telecom Italia (TIM) on Wednesday opened the door to a spin-off of its prized infrastructure assets, saying its newly appointed chief executive would explore options to create value for shareholders. Italy's embattled former phone monopoly will also continue to study a takeover approach by U.S. fund KKR and compare it with possible strategic alternatives. TIM, which is wrestling with shrinking revenues in its hyper-competitive domestic market, on Friday named General Manager Pietro Labriola as CEO https://www.reuters.com/business/media-telecom/kkrs-bid-target-telecom-italia-set-make-veteran-manager-labriola-ceo-2022-01-21, its fifth boss in six years.

  • Reuters

    Telecom Italia open to network spinoff as CEO weighs options

    MILAN (Reuters) -Telecom Italia (TIM) on Wednesday opened the door to a spin-off of its prized infrastructure assets, saying its newly appointed chief executive would explore options to create value for shareholders. Italy's embattled former phone monopoly will also continue to study a takeover approach by U.S. fund KKR and compare it with possible strategic alternatives. TIM, which is wrestling with shrinking revenues in its hyper-competitive domestic market, on Friday named General Manager Pietro Labriola as CEO https://www.reuters.com/business/media-telecom/kkrs-bid-target-telecom-italia-set-make-veteran-manager-labriola-ceo-2022-01-21, its fifth boss in six years.

  • Reuters

    UPDATE 2-KKR's bid target Telecom Italia appoints veteran manager Labriola CEO

    Telecom Italia (TIM) on Friday appointed veteran manager Pietro Labriola as chief executive, in a move that could complicate a takeover approach by U.S. private equity firm KKR. Labriola, who has run TIM's Brazilian operations for the last three years, was promoted to general manager in November, when former CEO Luigi Gubitosi was ousted following a string of profit warnings. In leaving his role, Gubitosi had urged TIM to give KKR access to its books, a decision which is still pending as TIM is yet to take a stance on the bid.

Advertisement
Advertisement