MILAN, Oct 14 (Reuters) - A board meeting of Telecom Italia (TIM) did not take any decision on Friday over a request by state-lender CDP and its partners to extend a deadline to clinch a deal over the Italian phone group's network, a source close to the matter said.
CDP, infrastructure fund Macquarie and Open Fiber have asked for more time to negotiate a deal to buy TIM's network assets, pushing back an initial deadline for a binding agreement set at the end of this month.
The representatives of TIM's top shareholder Vivendi VIV.PA were not able to attend the meeting, a person close to the French group said earlier on Friday.
News: MQG TIM board has not decided over request to extend deadline for network deal-source
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Last
$223.62 |
Change
-2.550(1.13%) |
Mkt cap ! $84.89B | |||
| Open | High | Low | Value | Volume |
| $226.12 | $226.12 | $221.09 | $131.9M | 591.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 214 | $223.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $223.62 | 508 | 2 |
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| MQG (ASX) Chart |