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[-]  17-04-18 11:25

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Vivendi defends its cunning plan for Telecom Italia
The Italians need stability
French media group Vivendi defended its cunning plan for the creaking and out-of-date Telecom Italia claiming that it is best placed as the number one shareholder to provide stability for the former monopoly.
Vivendi, which holds a 24 percent stake in TIM, is facing a challenge from activist hedge fund Elliott Advisors, which has built a nine  percent stake in Telecom Italia and wants to make changes to its board
“Vivendi can provide stability and expertise wh...

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