MILAN, August 19 (Reuters) – The board of directors Telecom Italy bid for Brazil’s GVT, Vivendi group, is expected next week, probably on the 27th
“For sure this week nothing happens,” says a source familiar with the matter, adding that the board will be held on the first days of next week, probably on 27.
The board, for which normally required five days’ notice, may be called a matter of urgency, even with a game to spare.
Telecom Italy has confirmed in recent days to be interested in GVT.
Some sources have told Reuters that the group is considering an integration of GVT and the Brazilian subsidiary TIM Brasil, adding that the operation expected to become a member of Vivendi Telecom Italy.
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