Activist fund Elliott readies for battle with French giant Vivendi over Telecom Italia

arnaud roy de puyfontaine

Activist fund Elliott has fired the first shots in a battle with French giant Vivendi over Telecom Italia, writing on Friday to shareholders to ask for the removal of six board members, including the Italian operator’s boss. The move is part of a ruthless fight over the Italian company’s future ahead of its annual general meeting…

Author: HEDGE

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