Telecom Italia shares fall as Poste Italiane reaches 85.82% stake

Verifying
  • Poste Italiane ended its tender offer holding 85.82% of Telecom Italia.
  • 90% ownership was required for delisting, while total tenders reached 65.718% of TIM’s capital.
  • Poste will settle reopening-period acceptances on Oct. 2 with shares and cash.
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