Telecom Italia Group is an Italian telecommunications company, founded in 1994 by the merger of five stateowned telecommunication companies. The company, headquartered in Rome, provides telephony services, mobile services and DHL data services. The major equity holder in Telecom Italia ordinary shares is Vivendi, a French multinational mass media company, which as of today holds the 20.031 […]
On Monday November the 9th, Toshiba Corp. shares shrank by 7.5% (Chart 1) after the Japanese company reported unexpectedly scanty financial results and sued former executives in connection with an accounting scandal, thus raising the presumption of lengthy legal uncertainties. Its stock has now decreased by 40% since the beginning of the year. The manufacturing and electronics […]
On Tuesday the 27th of October, Poste Italiane S.p.A, Italy’s national post office, listed about 35% of its shares on Borsa Italiana, the Italian Stock Exchange, thus opening a new round of privatizations in Italy. Indeed, the long awaited IPO is either the biggest country’s privatization in 16 years or a part of the plan of the Italian […]
Altice Group, a European telecom company controlled by serial dealmaker Patrick Drahi, has agreed to buy U.S. cable operator Cablevision (CVC) in a deal valued at $17.7 billion including debt. Not including Cablevision’s debt, Altice will pay about $10 billion in cash, or $34.90 per share, for the Bethpage, N.Y. based Company that is controlled […]
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