(Reuters) - MILAN, April 2 - Interest from U.S. phone giant AT&T and Mexico's America Movil in control of Telecom Italia heightened speculation on Monday the Italian government will push local banks to block the foreign bid with a rival offer.
AT&T and American Movil , owned by billionaire Carlos Slim, have offered about 4.5 billion euros , according to Reuters calculations, to buy a third of Olimpia, a holding company and Telecom Italia's top shareholder with around 18 percent of the firm.
Read more at Reuters.com Mergers News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment