Telecom Italia SpA (TLITn.MI)
18 May 2018
* New clashes over Telecom Italia also looming (adds brokers comments, details)
MILAN, May 18 Telecom Italia (TIM) shares fell on Friday after Berenberg downgraded Italy's biggest phone group to "sell" from "hold", citing pressure from pending new competition, political headwinds and governance issues.
PARIS, May 18 Vivendi shares fell on Friday after reporting first quarter results that some analysts said came below expectations, and on some disappointment over a lack of more precise details on plans for its UMG music arm.
The following factors could affect Italian markets on Friday.
May 17 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
* Q1 group revenue up 3.3 pct (Recasts story, adds background, details)
PARIS, May 17 Vivendi will review a potential change in the shareholding structure of its music unit, the media giant said in a statement on Thursday.
MILAN Telecom Italia (TIM) Chief Executive Amos Genish feels he has the full support of the board to push ahead with his three-year strategy plan and proposals put forward by activist fund Elliott are not being discussed, he said on Thursday.
* CEO has open mind on potential network IPO, won't lose control (Recasts after conference call, adds details, comments throughout, updates shares)
SAO PAULO, May 17 Brazilian carrier TIM Participações SA said on Thursday it will pay royalties to its controlling Telecom Italia Spa for brand use, according to a securities filing.