Poste Italiane raises Telecom Italia offer, waives threshold condition
26 Articles
26 Articles
The Board of Post has deliberated to increase the consideration of the Offer on Tim through the recognition of an additional component in cash equal to 0,30 euros for each share Tim brought in adhesion to the Offer. It communicates the company in a note. (ANSA)
Poste Italiane raises Telecom Italia offer, waives threshold condition
Italian financial conglomerate Poste Italiane raised the value of its takeover offer for Telecom Italia by €550 million on Monday to €11.35 billion ($13.19 billion), adding cash and introducing an equity sweetener.
Poste Italiane raises the offer on Tim, adding a cash quota, giving up the minimum threshold of 66.67% and reopening the terms of membership from 21 to 25 September. L'articolo Poste raises the offer by 30 cents on Tim: the cash consideration rises to 1.97 euros comes from La Verità.
Poste Italiane raises the price of the "opas" on Telecom Italia. The board of directors of Poste, meeting today, has decided to increase the consideration of the offer through the recognition of a...
The Italian Post Office has raised its buy-back offer to EUR 11.35 billion by around 5% to acquire the former Italian telecom monopoly. The acceptance period ends on 11 September.
Post offered TIM, A double move that arrives in the final phase of the offer and that strengthens the commitment of the group
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