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France's Vivendi has cut stake in TIM to under 20%, Italy watchdog confirms

Published by Global Banking and Finance Review

Posted on March 24, 2025

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ROME (Reuters) - French telecoms group Vivendi has reduced its stake in Telecom Italia (TIM) from 23.9% to 19.3% as of March 18, Italy's market regulator Consob said in a filing on Monday.

Vivendi had announced the disinvestment on Friday, adding that after March 18 it had further reduced its stake in TIM to 18.37%.

(Reporting by Philippe Leroy Beaulieu, editing by Alvise Armellini)

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