login
login

Europe Daily Bulletin No. 8053

22 September 2001
Contents Publication in full By article 14 / 38
GENERAL NEWS / (eu) eu/competition
Go-ahead for acquisition of joint control of Olivetti and Telecom Italia by Pirelli and Edizione

Brussels, 21/09/2001 (Agence Europe) - The European Commission has finally given conditional approval to the acquisition of joint control of Olivetti and Telecom Italia by Pirelli and Edizione Holding. More specifically, Pirelli will acquire, in association with Edizione Holding, Bell's holding in Olivetti; the latter currently controls 54.8% of the Italian telecommunications operator, Telecom Italia. The transaction will cost less than EUR 7 billion, after a renegotiation of the price...

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION