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VIV — Vivendi SE News Story

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Brief: Poste Italiane Increases Stake In TIM To 27.32%

Dec 11 (Reuters) - Poste Italiane SpA PST.MI:

INCREASES STAKE IN TIM TO 27.32%

BUYS TIM SHARES FOR €187 MILLION

COMMITS TO DIVEST TO UNRELATED PARTIES ORDINARY SHARES HELD IN EXCESS OF RELEVANT TAKEOVER BID THRESHOLD WITHIN 12 MONTHS

DECLARES ITS INTENTION TO RELY ON EXEMPTION FROM MANDATORY TENDER OFFER OBLIGATION

ACQUISITION FROM RESIDUAL STAKE HELD BY VIVENDI CORRESPONDING TO 2.51% OF TOTAL ORDINARY SHARES

Further company coverage: PST.MI

 (Reporting by Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))

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