TELECOM ITALIA BOARD OF DIRECTORS APPROVES EXCLUSIVE NEGOTIATIONS WITH CAIRO FOR SALE OF LA7
18 Februar 2013 - 9:30PM
Italian Regulatory (Text)
PRESS RELEASE
TELECOM ITALIA BOARD OF DIRECTORS APPROVES EXCLUSIVE NEGOTIATIONS
WITH CAIRO FOR SALE OF LA7
Milan, 18 February 2013 The Telecom Italia Board of Directors,
chaired by Franco Bernabè, having examined the bids received in
relation to the disposal of the Media businesses, today agreed to
initiate exclusive negotiations with Cairo Communication for the
sale of the entire stake in La7 Srl, excluding the stake in MTV
Italia (51%) held by La7 itself. The decision has been communicated
to the Chairman of Telecom Italia Media, the Company controlling
the TV channel, for his evaluation.
Telecom Italia Press Office
+39 06 3688 2610 http://www.telecomitalia.com/media
Telecom Italia Investor Relations
+39 02 8595 4131
http://www.telecomitalia.com/investorrelations
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