Telecom Italia S.p.A. (TITR.MI)
| Previous close | 0.2354 |
| Open | 0.2363 |
| Bid | 0.2333 x 0 |
| Ask | 0.2337 x 0 |
| Day's range | 0.2317 - 0.2363 |
| 52-week range | 0.2046 - 0.3274 |
| Volume | |
| Avg. volume | 45,011,175 |
| Market cap | 4.862B |
| Beta (5Y monthly) | 1.03 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.0600 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 21 June 2021 |
| 1y target est | 0.30 |
ReutersExclusive-EU concerned about KKR, Telecom Italia deal impact on wholesale competition, sources say
European Union antitrust regulators are asking rivals and customers whether proposed acquisition of Telecom Italia's (TIM) fixed-line access network by U.S. investment firm KKR could hamper Italy's wholesale market, people familiar with the matter said on Tuesday. Such regulatory worries could lead to a lengthy investigation of the deal and put pressure on KKR to offer significant remedies. KKR is buying TIM's domestic network for up to 22 billion euros ($23.5 billion) in a deal that would make the Italian telecoms group the first in a major European country to divest its landline grid.
- Reuters
UPDATE 1-Healthcare, tech stocks boost STOXX 600 to one-week high
European stocks scaled to their highest levels in more than a week on Tuesday, driven by the healthcare and technology sector, as investors found comfort in upbeat corporate earnings, while the UK's FTSE 100 Index climbed to hit an all-time peak. The pan-European STOXX 600 index was up 0.6%, as of 0838 GMT, boosted by a nearly 0.9% jump in healthcare stocks .
- Reuters
UPDATE 2-Telecom Italia boss on course for second term as Vivendi abstains
Telecom Italia (TIM) boss Pietro Labriola appeared set to secure a second term after leading investor Vivendi decided to abstain in a shareholder vote on the renewal of the former phone monopoly's board. With its 24% slate, Vivendi was the main hurdle to a reappointment of the current CEO, who wants to press ahead with a revamp centred on a planned sale of TIM's fixed-line access network to U.S. fund KKR. The French media group, a TIM investor since 2015, made clear its frustration with the way the company has been run and repeated its opposition to the KKR deal but stopped short of backing an alternative candidate for CEO.
