Share

FIRSTonline Banner

Stock market, Telecom at historic low: 0,515 euro per share

In one month, the stock has lost about 20% – Mediobanca and Generali, shareholders of Telco (the Italian-Spanish holding which has the majority in Telecom), are reportedly preparing to withdraw from the shareholding structure.

Stock market, Telecom at historic low: 0,515 euro per share

Difficult day in Piazza Affari for the Telecom Italia stock, which in the morning manages to lose 3%, with the value of each share falling to 0,515 euros, the lowest ever. In one month, the stock lost about 20%.

Today Il Sole 24 Ore writes that Hutchinson Whampoa's advances are destined to fall on deaf ears if an agreement is not found on Tre's evaluation for the hypothesized integration. 

Meanwhile Mediobanca and Generali, shareholders of Telco (the Italian-Spanish holding which has the majority in Telecom), are reportedly preparing to withdraw from the shareholding structure in view of the window that will open in September for early release.

comments