Poste Italiane Says Based On Results Of Reopening Of Acceptance Period, If Confirmed, Co Will Hold About 85.822% Of Share Capital Of Telecom Italia

By Reuters News

- Poste Italiane SpA PST.MI:

  • POSTE ITALIANE: BASED ON RESULTS OF REOPENING OF ACCEPTANCE PERIOD, IF CONFIRMED, CO WILL HOLD ABOUT 85.822% OF SHARE CAPITAL OF TELECOM ITALIA

  • POSTE ITALIANE - 65.718% OF TELECOM ITALIA SHARE CAPITAL TENDERED IN ACCEPTANCE OF OFFER

  • POSTE ITALIANE - INCREASED UNIT CONSIDERATION PER TIM SHARE IS 0.218 POSTE SHARES AND EUR 1.97 CASH

  • POSTE ITALIANE: BASED ON RESULTS, IF CONFIRMED, CONDITIONS FOR SQUEEZE-OUT RIGHT HAVE NOT BEEN MET

Further company coverage: PST.MI

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