-+ 0.00%
-+ 0.00%
-+ 0.00%
Telecom Italia's Board Backs Poste Italiane's 'Fair' Takeover Offer
Share
Listen to the news
01:28 AM EDT, 07/19/2026 (MT Newswires) -- Telecom Italia's (TIT.MI) board considers Poste Italiane's (PST.MI) public tender and exchange offer to take over the company as "fair from a financial standpoint", according to a July 18 release. The board of the telecommunications group unanimously approved the Italian postal services company's consideration of 1.67 euros and 0.218 issued shares after it reviewed the offer document at a meeting.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending