Poste Italiane (PST IM) CEO says did not receive a call from the government of Telecom Italia (TIT IM); says limited synergies with just a stake in Telecom Italia
The CEO's comments suggest that there is currently no active interest from Poste Italiane in acquiring or merging with Telecom Italia, which could limit expectations for consolidation in the telecom sector.
China's Finance Ministry to reportedly meet with underwrites on Thursday to discuss ultra-long special Treasury Bond issuance, according to Reuters sources
South Korean Pension Fund allows more FX hedging to bolster KRW, Bloomberg reports
Poste Italiane (PST IM) CEO says did not receive a call from the government of Telecom Italia (TIT IM); says limited synergies with just a stake in Telecom Italia
[MARKET ANALYSIS] Greenback knocked amid hopes of US and Iran returning to negotiations
Next round of talks between US and Iran could take place this week or early next week, according to the Iranian embassy official in Pakistan
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Without substantial synergies identified with just a stake, this could signal a lack of momentum in M&A discussions, potentially dampening investor enthusiasm for Telecom Italia's shares. Overall, it indicates a more cautious approach amidst broader market speculation about telecom consolidation.
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