CDP: the Board of Directors resolves to authorizes the strengthening of the shareholding in the corporate capital of Telecom Italia S.p.A. (TIM) with a long term perspective

Press release

CDP: the Board of Directors resolves to authorizes the strengthening of the shareholding in the corporate capital of Telecom Italia S.p.A. (TIM) with a long term perspective

Rome, February 14th, 2019

The Board of Directors of Cassa depositi e prestiti S.p.A. (CDP), gathered today in Rome, has resolved to authorize the purchase of further shares of Telecom Italia S.p.A. (TIM).

Such investment is in line with the strategic objectives underlying the decision to enter into the corporate capital of TIM as approved by the Board of Directors on April 5th, 2018, is consistent with the institutional mission of CDP in supporting the national strategic infrastructures and also aims at supporting the development and value creation process started by the company in a sector of primary interest for the Country.

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