Mercoledì, 17 Ottobre 2018
MILAN

TI in fresh surge on H3G merger talks

English
© ANSA

Milan, April 5 - Telecom Italia shares recovered by
2.9% Friday after confirmation Italy's biggest telecoms company
was talking to Hutchison Whampoa to take over H3G, the Hong Kong
conglomerate's Italian mobile business.
Earlier TI stock fell 2% as rumours subsided.
On Thursday Telecom shares surged as much as 8% amid reports
its board may evaluate the merger at its upcoming April 11
meeting.
Trading was heavy Friday with more than 50 million shares
changing hands in an hour against a recent daily average of 100
million.

© Riproduzione riservata

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