VIVENDI (VIV.TI)
| Previous Close | 9.16 |
| Open | 9.79 |
| Bid | 9.24 x 250000 |
| Ask | 9.24 x 250000 |
| Day's Range | 9.79 - 9.79 |
| 52 Week Range | 9.79 - 9.79 |
| Volume | |
| Avg. Volume | N/A |
| Market Cap | N/A |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Reuters
Italy supreme court upholds nullity of ruling over Vivendi's control of TIM
Italy's supreme court upheld a ruling which had annulled a market regulator's resolution indicating French media group Vivendi was exercising 'de facto control' of Telecom Italia (TIM), a court document showed on Wednesday. Italian market watchdog Consob ruled that Vivendi, TIM's top shareholder with a 24% stake, took control of two-thirds of the Italian phone company's board in 2017. In 2020, Italy's top administrative court annulled the resolution of Consob, which subsequently appealed that decision.
- Reuters
TIM's top shareholder Vivendi leaves board seat as it seeks governance changes
Telecom Italia (TIM) said its biggest shareholder Vivendi on Monday relinquished its board seat, as Italy's new government weighed options to take control of the debt-laden former phone monopolist's landline grid. Vivendi Chief Executive Arnaud de Puyfontaine resigned from the board amid discussions in Rome over ways to create a wholesale-only Italian broadband provider. Italy's right-wing government is expected to resume talks with Vivendi and TIM's No.2 shareholder, state lender CDP, on Jan. 25 after a round of negotiations last year failed to yield a deal.
- Reuters
UPDATE 1-Italy's govt working with CDP, international funds on TIM's network
Italy's government is working with state lender Cassa Depositi e Prestiti (CDP) and international funds on options for Telecom Italia's network grid and still aims to sketch out a plan by the end of the year, its industry minister said on Monday. Shares in Telecom Italia (TIM) jumped by over 5% as minister Adolfo Urso's words fueled optimism that the government would soon clarify its intentions and could secure control of the network grid early in 2023, a Milan-based trader said.
