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Telecom Italia investor to refinance €1.1bn
19 November 2009
Telco, which owns a controlling 24.5% stake in Telecom Italia, is to refinance €1.1 billion of debt which is due in December
Comment: There continues to be speculation about the long term ownership of Telecom Italia. There is an inevitable move towards consolidation and as part of this Telefónica seems destined eventually to take control.
Shareholders in Telco, the...
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