Telecom Italia Investors Approve Overhaul of Share Structure
Telecom Italia SpA investors approved a long-delayed plan to convert the company’s savings shares into ordinary stock, simplifying the former phone monopoly’s capital structure as Chief Executive Officer Pietro Labriola...
By Daniele Lepido · Bloomberg
Telecom Italia SpA investors approved a long-delayed plan to convert the company’s savings shares into ordinary stock, simplifying the former phone monopoly’s capital structure as Chief Executive Officer Pietro Labriola presses ahead with a broader overhaul.