Poste Italiane launches offer for TIM shares at EUR 1.67 plus 0.218 Poste shares each

Reuters2026/07/19 07:03

By:Reuters

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Poste Italiane launched an offer for TIM ordinary shares (ISIN IT0005712671), paying EUR 1.67 cash per share.
The consideration also includes 0.218 newly issued Poste shares for each TIM share tendered, to be listed on Euronext Milan.
The acceptance period runs from 8:30 a.m. on July 20, 2026, to 5:30 p.m. on Sept. 11, 2026.
Settlement is scheduled for Sept. 18, 2026, subject to completion of the share transfer formalities.
Fractional Poste share entitlements will be aggregated, sold on market, with cash proceeds credited pro rata to tendering holders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Poste Italiane S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 158790.pdf), on July 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Poste Italiane launches offer for TIM shares at EUR 1.67 plus 0.218 Poste shares each

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