Europe says Vivendi can help itself to Telecom Italia if it wants

The European Commission has said it’s got no problem with Vivendi acquiring ‘de facto control’ over Telecom Italia so long as the latter flogs its stake in a services group.
Vivendi has been stalking Telecom Italia for ages, recently using its 24% stake in the company to appoint the majority if the board thus, essentially, giving it control of the whole company without having to fork out any more cash. It has also been amassing a significant minority stake in Italian broadcaste