News: Telecom Italia SpA (TLIT.MI)

TLIT.MI on Milan Stock Exchange

0.87EUR
30 Oct 2014
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Wed, Oct 29 2014

Telecom Italia sells 17 percent in Sofora to Fintech for $216 million

MILAN - Telecom Italia said on Wednesday it had transferred a 17 percent stake in its Telecom Argentina holding company Sofora to Fintech for $215.7 million, as part of a deal to sell its entire stake in the Argentinian phone group to the New York-based fund.

Telecom Italia sells 17 pct in Sofora to Fintech for $216 mln

MILAN, Oct 29 - Telecom Italia said on Wednesday it had transferred a 17 percent stake in its Telecom Argentina holding company Sofora to Fintech for $215.7 million, as part of a deal to sell its entire stake in the Argentinian phone group to the New York-based fund.

UPDATE 1-Talks slowing on Mediaset's sale of stake in pay-TV arm

MILAN, Oct 28 - Talks over the sale of a stake in Italian broadcaster Mediaset's pay-TV business with Al Jazeera and Vivendi are slowing down due partly to its high price tag, sources with knowledge of the matter said.

UPDATE 1-Telecom Italia to sell part of Argentina unit, awaits regulator for remainder

* Initial deal was $960 mln sale of Argentine unit to Fintech

Telecom Italia says amends contract to sell Telecom Argentina

MILAN, Oct 25 - Telecom Italia said on Saturday it would temporarily keep control of Telecom Argentina and cash in $215.7 million by the end of October, as part of a revised deal to sell the Argentinian unit to New York based fund Fintech.

RPT-Market Chatter- Corporate finance press digest - Oct 24

Oct 24 - The following corporate finance-related stories were reported by media:

Market Chatter- Corporate finance press digest - Oct 24

Oct 24 - The following corporate finance-related stories were reported by media:

Deals of the day- Mergers and acquisitions

(Adds Spirit Pub, Farrow & Ball, Telecom Italia, Cenovus and Unicredit)

Telecom Italia closer to Brazil mobile tower sale: sources

MILAN/SAO PAULO - Telecom Italia is in advanced talks to sell the mobile phone towers of its Brazilian unit TIM Participacoes (TIM Brasil) and could agree a deal in weeks, three people with direct knowledge of the situation told Reuters.

UPDATE 1-Telecom Italia closer to Brazil mobile tower sale - sources

* Deal to sell Brazil towers may be reached in weeks - sources

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