Telecom Italia SpA (TLIT.MI)
20 Apr 2018
MILAN Activist fund Elliott turned up the volume in its war of words with Vivendi over the French media group's defense of its strategy for Telecom Italia (TIM), only days before a fight for board seats at Italy's biggest phone group.
* Elliott says shares profoundly and persistently underperformed
* Change comes amid shareholder showdown in Italy (Recasts story, adds details, background)
PARIS Vivendi's chairman and top investor Vincent Bollore brushed off criticism over the media group's investments in Telecom Italia (TIM) on Thursday.
PARIS, April 19 Vivendi's chairman and top investor Vincent Bollore brushed off criticism over the media group's investments in Telecom Italia (TIM) on Thursday.
The following factors could affect Italian markets on Thursday.
PARIS, April 19 Activist Elliott Advisors issued on Thursday a fresh attack on French media group Vivendi as the hedge fund's battle with Vivendi over Telecom Italia intensifies.
April 19 Telecom Italia CEO Amos Genish says in an interview in Italian daily Il Sole 24 Ore:
MILAN Telecom Italia's (TIM) management defended its strategy on Wednesday, saying alternative moves proposed by activist fund Elliott Advisers were premature, unfeasible and carried financial and execution risks.
MILAN A court in Milan will hold a hearing on Friday to discuss Telecom Italia's (TIM) appeal against a decision by its statutory auditors to add a motion proposed by activist fund Elliott to its April 24 AGM agenda, two judicial sources said.