Telecom Italia SpA’s board is leaning toward backing Poste Italiane SpA’s €10.8 billion ($12.4 billion) takeover offer as fair and is unlikely to press for a higher bid, according to people familiar with the matter, Bloomberg reported.
The assessment could clear a key hurdle in Poste Italiane’s pursuit of Telecom Italia, though no final decision has been announced.
Telecom Italia Board Said to View Poste's €10.8 Billion Offer as Fair
2026-07-17 17:09:34
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