Telecom Italia CEO to meet today with Vivendi chairman to negotiate on possible Telecom Brasil/GVT merger - report
Marco Patuano, CEO of Telecom Italia (TI) is to meet Vincent Bollore, chairman of Vivendi today, 13 August, to discuss a merger with TI's Tim Brasil and Vivendi’s GVT, Italian-language daily Il Messaggero reported. The report cited unspecified rumours said that Patuano and Bollore would examine the synergies and advantages that a merger between the two Brazilian telcos could bring.
The report said that a draft of the merger proposal is now ready.
Source Il Sole 24 Ore