Friday, September 26, 2014

STEP 1-Telecom Italy, cda going on while mounting interest … – Reuters Italy

STEP 1-Telecom Italy, cda going on while mounting interest … – Reuters Italy

(incorporates pieces, adds context)

ROME / MILAN, September 26 (Reuters) – It ‘s going to Rome for four hours, the board of directors of Telecom Italy, the former telecommunications monopolist whose weak financial and shareholding structure begins to attract the attention of potential foreign buyers.

The meeting of the board is dedicated to the sale of Telecom Argentina group investment but Fintech to move title yesterday was the news of Bloomberg according to which the former CEO of Telstra Corp, Solomon Trujillo, is collecting 7.5 billion euro bid for the group led by Marco Patuano.

The Deputy Secretary General of Palazzo Chigi, Raphael Tiscar, today confirmed to Reuters that he had met the businessman of Mexican descent born in Wyoming.

“I saw Trujillo as I see so many others,” said the employee of the Prime Minister Matteo Renzi.

At the top American manager of the project, however, would miss a “business plan,” says another government source who prefers to remain anonymous.

Of course it is not just Trujillo to think about the owner of the group reorganization in view of the dissolution of the control box Telco which involves Mediobanca, Intesa, Generali and Telefonica.

For a long time interested in Telecom Egyptian businessman Naguib Sawiris is the , the number one group Orascom.

“The interest [Sawiris ] and there is a public thing, “he said today in Milan Khaled Bishara, president of Italian Online and member of the Board of Orascom. Read more …

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