Telecom Italy it is increasingly a public company. In fact, today the safe of telco, the holding company that has held 22,4% of the Italian telecommunications company for seven years.
From this morning, in fact, it will be possible to officially request the dissolution of the agreement and the pro-rata assignment of shares (and debts) of the TLC group. The first step, as is well known, has already been announced by Generali, whose Board of Directors has approved the exercise of the demerger option, entrusting the CEO Mario Greco with the mandate to define the exit procedures.
At the end of the demerger, Telefonica will have 14,7% of Telecom Italia against a debt of 1,6 billion; Intesa and Mediobanca 1,6% of the capital with a debt of 179 million each; 4,3% will instead go to Generali, together with 475 million in debt.
