Sawiris confirms interest in Telecom Italia

CAIRO Mon Nov 12, 2012 8:49am EST

CAIRO Nov 12 (Reuters) - Naguib Sawiris is interested in Telecom Italia, his spokeswoman said on Monday, adding that a report the Egyptian businessman had offered to invest up to 5 billion euros ($6.4 billion) was inaccurate.

"He confirmed the content of the report that he actually expressed an interest," she told Reuters. But she said he described a report that he would invest up to 5 billion euros as "inaccurate and excessive". ($1 = 0.7868 euro) (Writing by Edmund Blair; Editing by Dan Lalor)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.