Refile: Poste Italiane, Vivendi sign off Telecom Italia stake deal

Vivendi SE

29/05/2025 16:13

Adds date in dateline, no changes in text

MILAN, May 29 (Reuters) - Poste Italiane PST.MI has finalised the purchase of an additional 15% stake in Telecom Italia (TIM) TLIT.MI from France's Vivendi VIV.PA to become the telecoms group's largest investor with a 24.8% stake, a filing showed on Thursday.

The filing from market regulator Consob said the deal was completed on May 23. On the same date, Vivendi's stake in Telecom Italia fell to 2.5% from a previous 19.3%, the filing showed.

State-controlled financial conglomerate Poste, whose businesses include energy, payments and phone services, as well as mail and parcels, first became an investor in TIM in February with a 9.8% stake, replacing state lender CDP.

 (Reporting by Elvira Pollina, editing by Alvise Armellini)

 ((elvira.pollina@thomsonreuters.com;))