Telecom Italia S.p.A. (TIT.MI)
| Previous close | 0.2490 |
| Open | 0.2480 |
| Bid | 0.2422 x 0 |
| Ask | 0.2422 x 0 |
| Day's range | 0.2320 - 0.2518 |
| 52-week range | 0.2000 - 0.3271 |
| Volume | |
| Avg. volume | 267,779,041 |
| Market cap | 5.274B |
| Beta (5Y monthly) | 1.02 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.0600 |
| Earnings date | 31 July 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 21 June 2021 |
| 1y target est | 0.30 |
ReutersKKR wins EU nod for $24 billion Telecom Italia fixed-line network deal
BRUSSELS/MILAN (Reuters) -U.S. investment firm KKR secured unconditional EU antitrust approval on Thursday for its up to 22-billion-euro ($24 billion) acquisition of Telecom Italia's (TIM) fixed-line network. The European Commission's announcement confirmed a Reuters' story last week. "The Commission investigated the impact of the transaction on the market for wholesale broadband access services in Italy and concluded that it would not significantly reduce the level of competition," the EU executive, which also acts as the EU antitrust watchdog, said in a statement.
Yahoo Finance UKStocks to watch this week: Salesforce, Pets at Home, Abercrombie & Fitch and Dr Martens
Earnings preview of key companies reporting this week and what to look out for.
ReutersExclusive-KKR set for unconditional EU antitrust okay for Telecom Italia deal, sources say
BRUSSELS/MILAN (Reuters) -U.S. investment firm KKR is expected to get unconditional EU antitrust approval to buy Telecom Italia's (TIM) fixed-line network after agreeing to keep commercial agreements with TIM rivals, people with direct knowledge of the matter said. KKR did not offer remedies on Thursday, the deadline for doing so, according to an update on the European Commission's website on Friday. KKR declined to comment.
