Telecom Italia: The French giant, which began building its stake in TIM in 2015, told Labriola it was considering options including selling its shares, in order to cut a nearly 75% loss the French media group faces on its initial investment, the sources said.
Canal+ says it would pay a cash consideration of 105 rand ($5.61) per MultiChoice ordinary share, and is also aiming to obtain a listing in South Africa
In the Jan. 18 letter to the EU Directorate General for Competition, seen by Reuters on Tuesday, Vivendi called on the European Commission to pay "attention to the role and involvement of the Ministry of Economy in the concentration".
Telecom Italia: On Thursday, TIM directors will likely approve the guidelines to compile the slate of nominees, paving the way for the hiring of a headhunting firm to help the board to finalise the process by early March, according to two sources briefed on the matter.