05-02-2019 13:55 via telecoms.com

Elliott strengthens its position at TIM

Vivendi wants Italian operator TIM to have a special meeting to choose new board members, but its auditors don’t agree.
The request was originally made by Vivendi at the end of last year, in apparent response to Amos Genish but essentially a delayed reaction to it losing control of the TIM board to activist investor group Elliott earlier in the year. Elliott is understandably less keen on having such a meeting and Vivendi isn’t happy at what it perceives as breaches of corporate due
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