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Telecom Italia's grid sale on track as KKR informs EU of buyout plan, ET Telecom

Telecom Italia: TIM has agreed to sell its domestic network to KKR for up to 22 billion euros ($23.5 billion) as part of a government-backed plan aimed at cutting debt and relaunching the group.

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Activist Bluebell proposes Google executive as Telecom Italia CEO, ET Telecom

Telecom Italia: Representatives for Bluebell, which holds a 0.5% stake in TIM, were not available to comment. Bluebell had filed a slate of nominees for TIM's board last month without indicating any candidate for the role of CEO.

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Merlyn, Bluebell present rival lists for Telecom Italia board, TIM says, ET Telecom

Current CEO Pietro Labriola is looking for a second term as part of another slate of candidates put forward by TIM's outgoing directors, and there is also a fourth list of candidates from small investors' group ASATI.

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Telecom Italia CEO held talks with Vivendi in Paris on Thursday, ET Telecom

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.

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Telecom Italia to discuss board slate as CEO looks for second mandate, ET Telecom

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.

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Vivendi considers spinning off Havas | News

The France-based media giant is also thinking about splitting off other business units.

South-africa , Luxembourg , France , United-states , America , French , South-african , Abernathy-macgregor , Shell , Studiocanal , Universal-music-group , Music-group

Billionaire Bolloré Eyes Vivendi Breakup in Strategic U-Turn

(Bloomberg) -- French billionaire Vincent Bolloré is weighing a breakup of his sprawling media and entertainment empire, Vivendi SE, in a strategic reversal aimed at reviving the value of its businesses. The shares surged.Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinJPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneFed Pivots to Rate Cuts as Inflation Heads Toward 2% GoalTesla Recalls 2

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Simpsons Hit & Run 2 Would Have Added Planes And More

After the first game was mega successful, Fox wanted more but Vivendi wasn’t interested

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Telecom Italia approves US fund's bid for network, Telecom News, ET Telecom

Telecom Italia: Its main shareholder, French media giant Vivendi, has opposed selling the network and valued it at 31 billion euros, saying KKR's previous bids were far too low.

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