In recent weeks, Telecom Italia has returned to the spotlight on Piazza Affari after having put in place a performance of almost 30% in the last month. However, the third alarm, useful in six months, weighs heavily on the title and today the Board of Directors will certainly have the opportunity to address this issue as well.
Today TIM is trading just above par at € 0.4390, pending today’s Board of Directors which should seek a solution on governance and take stock of KKR’s proposal.
The first objective of today’s board of directors will certainly be the definition of governance, with Vivendi being determined to ask for the resignation of Gubitosi and the appointment of Labriola.