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Poste Italiane launched a €10.8 billion takeover bid for TIM Group, a company listed on NYSE and with Luxembourg ties.

1 report, 1 independent Updated Jul 19
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What happened

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Poste Italiane launched a €10.8 billion takeover bid for TIM Group, a company listed on NYSE and with Luxembourg ties.

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What this event is mainly about

How it developed

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  1. Poste Italiane controls Telecom Italia, which owns 67 percent of TIM Brasil, with the Italian state controlling Poste Italiane.Sub-event
  2. Poste Italiane is attempting to acquire TIM Group in a major bid.1 source

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