Italian government wants control of TIM’s assets after any takeover
As the KKR takeover bid for Telecom Italia hangs in the air, the Italian government has signalled that it wants to control key strategic assets.
Telecoms.com
Vivendi
Vivendi reportedly open to state intervention over TIM
The latest twist in the Telecom Italia saga could involve the company going full circle with the Italian state taking back control.
TIM CEO steps down to improve chances of acquisition by KKR
Luigi Gubitosi, CEO and GM of the artist formerly known as Telecom Italia, has had his resignation accepted by the TIM board.
TIM CEO reportedly offers to step down to facilitate KKR takeover
The bid by private equity firm KKR to acquire Italian telco group TIM has brought is boardroom battle of wills to a fresh crescendo.
Vivendi feud with the TIM board flares up again
Telecom Italia isn’t having an easy time of it so major investor Vivendi has apparently started moaning again.
Rome has another go at Vivendi
Italian lawmakers are preparing the ground for another probe into Vivendi’s status as a shareholder of both TIM and Mediaset.
It’s déjà vu all over again as Vivendi suffers another Italian defeat
Italian Media company Mediaset wants to merge its Italian and Spanish businesses, something that significant shareholder Vivendi opposes.
With Vivendi subdued, TIM Chairman Conti calls it a day
Fulvio Conti, who was appointed as Chairman of Italian telecoms group TIM after Vivendi lost control of its board, thinks his work there is done.
Vivendi hopes to raise €3 billion by flogging 10% of Universal Music to Tencent
French media giant Vivendi seems to be a bit short of cash, so it’s thinking of selling 10% of Universal Music to Tencent for three billion euros.
Vivendi media mission continues rolling through Europe
Vivendi-subsidiary Canal Plus has announced the €1 billion acquisition of pay-TV operator M7, expanding the business into seven new European markets.
Vivendi conditionally concedes defeat in TIM board battle
French conglomerate Vivendi withdrew its bid to replace five TIM board members at the 11th hour but doesn’t seem happy about it.
Vivendi denounces TIM board
The emotional level of the custody battle for TIM has reached a new pitch, with Vivendi starting to lose its composure.
TIM board slaps down Vivendi moans
It took the TIM board a few days to respond to a bunch of accusations thrown at it by Vivendi, but the result was pretty comprehensive.
The custody battle for TIM between Vivendi and Elliott gets personal
Vivendi says a recent TIM auditors report shows dodgy behaviour from Elliott, which in turn reckons Vivendi is a negative influence on the company.
Elliott strengthens its position at TIM
Vivendi wants Italian operator TIM to have a special meeting to choose new board members, but its auditors don’t agree.
As expected TIM delays shareholder meeting and Vivendi moans
The TIM board met today to discuss Vivendi’s request for a shareholder meeting and decided it can wait until the end of March.
Vivendi war with Elliott over TIM set to escalate
Ahead of a TIM board meeting today Vivendi and TIM Chairman Fulvio Conti have been publicly bitching at each other.
Vivendi doesn’t think the TIM board is independent enough – hmm
As promised Vivendi has written to the board of Italian operator group TIM in a bid to replace Elliott-nominated members with its own proposed ones.
Vivendi inevitably tries to get rid of some Elliott directors
It was just a matter time before Vivendi reacted to its man being sacked as CEO of TIM and replaced by an Elliott ally.
Genish and Elliott embark on inevitable war of words
The only surprising thing about ousted TIM CEO Genish publicly attacking Elliott was that it took so long.
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