News
M&A · Poste Italiane · Takeover · Telecom Italia
Poste Italiane has launched a full takeover bid for Telecom Italia, valued at approximately 10.8 billion euros ($12.5 billion), following board approval, with completion anticipated by the end of 2026.
This strategic move by Poste Italiane aims to consolidate its position and expand its services, potentially leveraging Telecom Italia's extensive infrastructure. The offer provides Telecom Italia shareholders with 0.167 euros in cash and 0.0218 newly issued Poste Italiane shares for each share tendered.
This bid values Telecom Italia shares at 0.635 euros each, representing a 9.01% premium over the company's closing price on March 20. On March 20, 2026, Telecom Italia S.p.A. closed on the OTC Markets at $0.6500, experiencing a 4.41% decline, as reported by RTTNews.
The proposed acquisition, if successful, will significantly reshape the competitive landscape within the Italian telecommunications and postal services sectors, creating a more integrated entity.
Poste Italiane Bids $12.5 Billion for Telecom Italia(current)
