Vivendi will abstain from the vote on the renewal of the board of directors of Telecom Italia – 04/22/2024 at 6:33 p.m.


((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

Telecom Italia (TIM) TLIT.MI Major investor Vivendi VIV.PA has decided to abstain from voting for any list of candidates for the renewal of the board of directors of the former telephony monopoly, the media group said French in a press release Monday.

The outgoing general director of TIM, Pietro Labriola, is preparing to begin a second mandate during which he will focus on an overhaul centered on the planned sale of the fixed access network of the former telephone monopoly to the American fund KKR KKR.N. TIM shareholders will vote on Tuesday on the renewal of the board of directors.



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