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TLO - TLO Delayed Price. Currency in EUR
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11.54-0.19 (-1.66%)
At close: 05:28PM CET
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Previous Close11.73
Bid0.00 x 250000
Ask0.00 x 250000
Day's Range11.53 - 11.53
52 Week Range11.53 - 11.53
Avg. VolumeN/A
Market CapN/A
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters

    Telecom Italia shares slide further as doubts over KKR's bid intensify

    Telecom Italia (TIM) shares fell for a straight second day on Wednesday following an internal meeting over plans to revamp the former phone monopoly while a takeover approach by U.S. fund KKR remains unanswered. General Manager Pietro Labriola on Tuesday outlined to the company's directors a plan exploring alternative options to KKR's 10.8 billion euro ($12 billion) offer, two people familiar with the matter said, adding the board's response had been positive. Analysts and traders said reports about a positive reception of Labriola's plan weakened the speculative appeal of TIM shares given the uncertainty on whether KKR will act on its takeover proposal.

  • Reuters

    KKR's bid target TIM close to decision on new CEO, sources say

    MILAN (Reuters) -Telecom Italia (TIM) is moving closer to appointing a new chief executive, with General Manager Pietro Labriola tipped as frontrunner, four sources familiar with the matter said on Tuesday. TIM, which faces a 10.8 billion euro ($12.24 billion) takeover approach from U.S. private equity investor KKR, has been without a CEO since November when Luigi Gubitosi stepped down following a string of profit warnings. TIM Chairman Salvatore Rossi has called a board meeting on Jan. 21 to appoint a new CEO after a group of five directors, including representatives of TIM's top investor Vivendi, asked him to speed up the process, one of the sources said.

  • Reuters

    UPDATE 2-Telecom Italia investors in talks over group's revamp, PM says

    The main investors in Telecom Italia (TIM) including the Treasury-owned CDP are discussing a revamp of the ailing former phone monopoly, Italy's prime minister said, pledging to protect jobs and infrastructure assets at the group. Debt-laden TIM has been hit by a string of profit warnings which led to the ousting of Chief Executive Luigi Gubitosi, a week after a takeover approach by U.S. fund KKR valuing TIM at 33 billion euros ($37 bln) including debt. Prime Minister Mario Draghi told reporters at an end of year news conference it was not clear what was happening with TIM and the government had yet to take a stance.