Telefónica, S.A. (CATS:TEF) is preparing an offer to buy Telecom Italia S.p.A. (BIT:TIT)'s TIM Participacoes S.A. (BOVESPA:TIMP3) , Italian daily Il Sole 24 Ore reported, quoting what it says were reliable sources. Telefonica is at an advanced stage of drafting the offer to buy TIM which could be filed as early as the end January 2014.
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Other stock markets
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5-day change | 1st Jan Change | ||
17.04 BRL | +1.55% | +5.84% | -4.96% |
07-08 | Tim S.A. Announces the Resignation of Elisabetta Paola Romano from the Position of Member of the Board of Directors | CI |
06-24 | Explainer, what will be Tim's future after network sale to Kkr? | RE |
Stocks mentioned in the article
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5d. change
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Capi.
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4.051 EUR | +1.02% | +0.20% | 24.38B | ||
0.2418 EUR | +0.25% | +0.42% | 5.73B | ||
EPS Revisions
1st Jan change | Capi. | |
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-4.96% | 7.54B | |
+17.36% | 211B | |
+11.49% | 177B | |
+11.26% | 130B | |
-6.67% | 85.75B | |
+26.74% | 74.55B | |
+1.52% | 55.5B | |
-4.33% | 51.5B | |
-15.02% | 47.57B | |
-17.11% | 38.31B |
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- Telefónica Reportedly Studies Offer For Telecom Italia's TIM