
Vivendi Initiates Strategic Exit from Telecom Italia by Reducing Stake
7 days ago
In a significant corporate move, Vivendi has formally commenced the process of divesting its stake in Telecom Italia, marking the beginning of a long-planned exit strategy. The French media giant has taken steps to sell a portion of its holdings in the telecommunications company, a decision that has been anticipated for quite some time. This action reflects Vivendi’s shifting focus and highlights the dynamic landscape of the telecommunications sector in Europe.
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