Telecom Italia may lift stock bid

Article Abstract:

Telecom Italia's plan to raise 4.4 billion Euros to buy back nonvoting shares is likely to succeed. Olivetti SpA, who owns much of the telecommunications business' stock, promised to allow Telecom Italia to acquire savings shares earlier.

Office & Computing Machines, Use of Funds, Statistical Data Included, Office equipment, Office equipment and supplies industry, Office equipment industry, Brief Article

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Telecom Italia unit's merger with Seat PG may turn costly

Article Abstract:

Telecom Italia SpA could see unexpected debts as high as 16.3 billion euros as the result of the merger between Tin.it and Seat Pagine Gialle SpA. Tin.it is a division of Telecom Italia. Under the deal's terms, Telecom Italia would have to acquire the 70.1% of Seat PG that it does not already own.

On-Line Information Services, Videotex & Teletext, Telegraph & other communications, Mergers, acquisitions and divestments, Online services, Internet services, Seat Pagine Gialle S.p.A., Telecom Italia Net

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Pirelli and Benetton family gain grip on Telecom Italia

Article Abstract:

The article discusses the announcement made by Pirelli SpA, the Benetton clothing family, and its holding company, Edizione Holding, that they will enter into a Euro7 billion deal to take control of Telecom Italia SpA, via a joint 23% stake in Olivetti SpA, which controls 55% of the telecom company. The deal allows the exit of Telecom Italia's dominant shareholder, Roberto Colaninno.

Rubber & Plastic Products, Plastics and Rubber Products Manufacturing, Financial Holding Companies, Offices of Bank Holding Companies, Computer Services NEC, Computer Systems Design and Related Services, RUBBER AND MISC. PLASTICS PRODUCTS, Computer related services, not elsewhere classified, Holding Offices, Financial services industry, Financial services, Computer services industry, Information technology services industry, Information technology services, Investments, Plastics industry, Appointments, resignations and dismissals, Rubber industry, Pirelli S.p.A., Colaninno, Roberto, Edizione Holdings S.p.A.

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