|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.2402 EUR | -0.25% |
|
+4.62% | -18.35% |
| Jul. 11 | Mib up slightly, focus is on political news | AN |
| Jul. 11 | Mib down; eyes on Biden speech and US data | AN |
MILAN (Reuters) - Telecom Italia (TIM) has appointed General Manager Pietro Labriola as CEO, two sources close to the matter said on Friday, as the former phone monopoly weighs a response to a takeover approach by U.S. private equity investor KKR.
The board has unanimously approved the appointment of Labriola, the sources added.
Labriola, a veteran TIM executive who has run TIM's Brazilian operations for the last three years, was promoted to general manager in November, when former CEO Luigi Gubitosi stepped down following a string of profit warnings.
(Reporting by Elvira Pollina, writing by Maria Pia Quaglia)
| 1st Jan change | Capi. | |
|---|---|---|
| -18.35% | 5.7B | |
| +19.14% | 217B | |
| +9.89% | 174B | |
| +9.79% | 129B | |
| -7.89% | 84.52B | |
| +32.35% | 75.83B | |
| +3.18% | 56.57B | |
| -4.83% | 51.1B | |
| -19.98% | 44.8B | |
| -18.53% | 37.88B |
TELECOM ITALIA S.P.A. 
