July 31, 2013 / 8:38 AM / 4 years ago

Telecom Italia says will not discuss capital hike on Thursday

MILAN, July 31 (Reuters) - Telecom Italia said on Wednesday discussion of a capital increase at its board meeting on Thursday was not on the agenda.

“The company clarifies that the discussion of a capital increase is not an item on the agenda of the Board of Directors meeting on August 1,” it said in a statement.

An unsourced report in newspaper Il Messaggero said on Wednesday Telecom Italia Chairman Franco Bernabe was mulling a cash call to help cope with financial difficulties. (Reporting by Stephen Jewkes; editing by Francesca Landini)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below