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Poste Italiane raises Telecom Italia offer to €1.97 per share

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  • Poste Italiane raised its tender offer consideration for Telecom Italia and waived the threshold condition.
  • The offer’s cash component rose €0.30 to €1.97 per Telecom Italia share.
  • Poste Italiane capped the aggregate cash component at €3.36 billion ($3.90 billion).
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Poste Italiane raises Telecom Italia offer to €1.97 per share - CoinPost Terminal