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Telecom Italia, it's tussle for the board

In the event of approval of the revocation proposal by the shareholders' meeting, Telco will present a list made up of three candidates: the current CEO Marco Patuano, Julio Linares Lopez (Telefonica) and the independent Stefania Bariatti - But there are also the seven names by Assogestioni.

Telecom Italia, it's tussle for the board

War of position in Telecom Italia less than a month before the shareholders' meeting on 20 December on the revocation of the board of directors requested by Marco Fossati's Findim. If the shareholders' meeting approves the revocation proposal, Telco will present a list made up of three candidates: the current CEO Marco Patuano, Julio Linares Lopez (Telefonica) and the independent Stefania Bariatti. 

Assogestioni, with 1,585% of 14 Italian and foreign funds, instead presented seven names expressly not eligible for executive roles: Luigi Zingales, Luisa Calvosa, David Benello, Francesca Cornelli, Giuseppe Dinagemma, Maria Elena Cappello, Francesco Serafini. The outcome of the vote, for now, is far from counted. The most likely scenario, at the moment, is that investment funds are presented in no particular order. In the background, then, the controversy over the convertend from which Findim was excluded rages.

Telecom Italia shares at the opening of the session a Business Square travels substantially on parity, with -0,14% a 0,6895 euro.

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