Poste Italiane Launches €10.8 Billion Telecom Italia Bid

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Poste Italiane SpA said it will launch a public offer valued at about €10.8 billion ($12.5 billion) for Telecom Italia SpA, seeking full control of the former phone monopoly as the state-backed group expands further into digital infrastructure, according to a statement.

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Original article published by Bloomberg on March 22, 2026.
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