Home Page : Archive News : October 2015 News : UPDATE 3-Iliad founder Xavier Niel buys Telecom Italia stake

UPDATE 3-Iliad founder Xavier Niel buys Telecom Italia stake

October 30, 2015

PARIS/ MILAN, Oct 29- French tycoon Xavier Niel has built up the equivalent of a 11.2 percent voting stake in Telecom Italia, setting up a potential power struggle with largest shareholder Vivendi over the carrier's future. Niel, founder of low-cost French mobile operator Iliad, arrives at Telecom Italia just as French media group Vivendi, led by shareholder and...

Source: http://www.cnbc.com/2015/10/29/reuters-america-update-3-iliad-founder-xavier-niel-buys-telecom-italia-stake.html
 
Related Updates