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Vivendi reconfirms commitment to Telecom Italia with stake increase to 23.15%

Connectivity BusinessbyConnectivity Business
November 23, 2016
in Investments, Space Services, Strategy and Markets
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French media conglomerate Vivendi has bought additional shares in Telecom Italia (TIM) on the market after a convertible bond diluted its stake, reconfirming its commitment to the Italian incumbent. The move comes as French billionaire Vincent Bolloré tightens his grip on Vivendi as he seeks to diversify its business beyond film, television, and music. French media conglomerate […]

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Tags: Bollore GroupEuropePremiumTelecom ItaliaTF251Vivendi
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