Private equity firm CVC Capital Partners has been holding preliminary talks with Vivendi (VIVHY) about a potential purchase of the company’s 24% holding in Telecom Italia (TIAOF), people with knowledge of the matter told Bloomberg’s Daniele Lepido, Aaron Kirchfeld, Benoit Berthelot and Dinesh Nair. Such a deal could pave the way for a potential takeover of Italy’s biggest telecommunications company, the report added.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TIAOF:
- CVC in talks to buy Vivendi’s stake in Telecom Italia, Bloomberg says
- Telecom Italia upgraded to Overweight from Equal Weight at Barclays
- Telecom Italia upgraded to Neutral from Underperform at Exane BNP Paribas
- Telecom Italia’s Major Investment in Cloud Expansion
- 0H6I Earnings this Week: How Will it Perform?
Questions or Comments about the article? Write to editor@tipranks.com