Telecom Italia Media: BoD examines Persidera valuation process

01/15/2015 - 04:45 PM

- + Text size
Print

The operational integration of Rete A will continue, with positive effects in terms of efficiency

The Telecom Italia Media Board of Directors, at a meeting today chaired by Severino Salvemini, having acknowledged the developments in the Persidera valuation process started last year, decided that the results of the process itself obtained to date are not in line with expectations and therefore the sale of the shareholding held is not foreseeable at this stage.

Having completed the incorporation of Rete A, Persidera is successfully concluding the operational integration process which will have a positive effect in terms of efficiency.

Milan, 15 January 2015