Previous close | 0.2331 |
Open | 0.2322 |
Bid | 0.2382 x 0 |
Ask | 0.2384 x 0 |
Day's range | 0.2322 - 0.2426 |
52-week range | 0.2046 - 0.3274 |
Volume | |
Avg. volume | 45,416,569 |
Market cap | 4.782B |
Beta (5Y monthly) | 1.03 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 21 Jun 2021 |
1y target est | N/A |
A Milan court has cancelled the seizure of 250 million euros ($268 million) from Telecom Italia (TIM) previously ordered by prosecutors in a case over alleged fraud through the unauthorised activation of services to customers, a court document showed. The document showed TIM had successfully appealed against the order of a precautionary seizure after a hearing held on April 23, adding the reasoning behind the ruling will be filed within 30 days. The initial seizure order was made in late February.
European Union antitrust regulators are asking rivals and customers whether proposed acquisition of Telecom Italia's (TIM) fixed-line access network by U.S. investment firm KKR could hamper Italy's wholesale market, people familiar with the matter said on Tuesday. Such regulatory worries could lead to a lengthy investigation of the deal and put pressure on KKR to offer significant remedies. KKR is buying TIM's domestic network for up to 22 billion euros ($23.5 billion) in a deal that would make the Italian telecoms group the first in a major European country to divest its landline grid.
European stocks scaled to their highest levels in more than a week on Tuesday, driven by the healthcare and technology sector, as investors found comfort in upbeat corporate earnings, while the UK's FTSE 100 Index climbed to hit an all-time peak. The pan-European STOXX 600 index was up 0.6%, as of 0838 GMT, boosted by a nearly 0.9% jump in healthcare stocks .