Telecom Italia Rsp

M&A Activity • Nov 30, 2024

Press Release

TIM: MEF AND RETELIT'S REQUEST TO EXTEND UNTIL 16 DECEMBER THE RECEIPT OF A BINDING OFFER ON SPARKLE ACCEPTED

Rome, 30 November 2024

TIM's Board of Directors, which met today under the chairmanship of Alberta Figari, took note of the advanced state of negotiations in progress with the Ministry of Economy and Finance and Retelit S.p.A. for the acquisition of TI Sparkle S.p.A., and agreed to the latter's request to extend the deadline for receipt of a binding offer to 16 December 2024.

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