Young Journalists Club | Latest news of Iran and world

News ID: 21310
Publish Date: 10:21 - 05 April 2018
TEHRAN, April 05 -Italian state lender CDP will buy a stake of up to 5 percent in Telecom Italia, two sources close to the matter said on Thursday.

Italian state lender CDP set to buy stake of up to 5 percent in Telecom Italia: sourcesTEHRAN, Young Journalists Club (YJC) -Italian state lender CDP will buy a stake of up to 5 percent in Telecom Italia, two sources close to the matter said on Thursday. 

The move is aimed at protecting the country’s interests in the former phone monopoly, whose assets are considered strategic and where the top shareholder is France’s Vivendi, with a stake of just under 24 percent.

The decision by CDP will be taken at its board meeting on Thursday.

Source:Reuters

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