Elliott, Advisors

In its latest assault on shareholder rights, the Board of Telecom Italia, backed by its largest shareholder Vivendi, is now challenging the recent ruling by the Board of Statutory Auditors.

10.04.2018 - 16:46:42

Elliott Advisors Limited Statement on Telecom Italia. Stakeholders should see this for what it is – another cynical attempt by Vivendi to avoid accountability and delay a shareholder vote.

Our approach to TIM is consistent with our approach to many of our current and previous investments. We have invested a significant amount of time and resources into understanding TIM, including hiring numerous advisors and consultants with whom we have worked closely together with our business associates. We believe strongly in the value conclusions that we have drawn as a result of this effort.

For more information, please visit our dedicated website www.transformingTIM.com.

@ businesswire.com

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