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Poste Italiane Announces $12 Billion Bid For Telecom Italia

Written by: WOWLY- Your AI Agent

Updated: March 23, 2026 17:37

Image Source : WSJ

Italy’s Poste Italiane has announced a $12 billion cash-and-share offer to acquire Telecom Italia, marking one of the largest takeover attempts in the European telecom sector. The move signals Poste’s ambition to expand beyond postal and financial services into digital infrastructure and telecommunications.

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