Tim: Giorgetti, it’s premature to talk about special powers

MILAN, 24 NOV – “To speak at the current state of exercise of special powers is premature because we will have to wait for the developments with the contents of the operation that will be examined from the point of view of strategic profiles”. This was stated by the Minister of Economic Development, Giancarlo Giorgetti, at the question time in the Chamber, responding to a question on the Tim affair. “There is a lot of interest in this initiative – he added – despite the fact that we are in a prodromal phase. The Government has already activated and is monitoring with the control room desired by President Draghi ”. While Tim (+ 13.1% at € 0.48) is approaching the € 0.505 per share on the stock market put on the plate by Kkr for the takeover bid, in a market that is betting on a possible increase in the price offered by the US fund, the unions of the group ask the government to return to the Unica Network project and defend the CEO Luigi Gubitosi. To send the manager away, as the shareholder Vivendi would be thinking in view of the Board of Directors on Friday, would be “a leap in the dark”. (HANDLE).

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