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)
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