Vivendi said to be looking for further control over Telecom Italia

French conglomerate Vivendi is thinking of making its own Chief Exec – Arnaud de Puyfontaine – Chairman of Telecom Italia, according to a Reuters report.
Vivendi owns 24.9% of TIM’s (the artist formerly known as Telecom Italia) shares, the maximum allowed before a formal takeover bid is required, and seems to have adopted a strategy of controlling the company without having to buy it. A year ago it installed de Puyfontaine as deputy Chairman, a move that apparently played a par