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[SITUATION] · [ACTIVE]

10 clusters · 53 sources · 27 days · First seen · Last updated

Categories: BUSINESS · TECHNOLOGY

Poste Italiane's TIM acquisition progresses

Entities: Poste Italiane · Italian Government · Alberto Griselli · TIM S.p.A. · TIM Brasil

Overview

Poste Italiane opened a mixed cash‑and‑share public offer on 20 July 2026 to acquire Telecom Italia (TIM). Shareholders receive €1.67 in cash plus 0.218 newly issued Poste shares per TIM share, valuing the transaction at roughly €13.2‑13.4 billion. Leading law firms Gianni & Origoni, BonelliErede and Cleary Gottlieb are handling corporate, regulatory and financial aspects. The tender attracted 832,748 TIM shares (≈0.05 % of the offer) on the first day and remains open until 11 September, with payment expected on 18 September and settlement by early October. A Milan court cleared a procedural hurdle raised by tower operator INWIT, keeping the deal on track to meet the 66.7 % acceptance threshold required for delisting. Poste Italiane reported its strongest half‑year results to date for H1 2026, with revenue €6.8 billion (+6 %), adjusted EBIT €1.8 billion (+7 %) and net profit €1.2 billion (+4 %). Net investment collection in postal savings reached €2.7 billion and assets under management rose 13 % to €613 billion. The integration plan foresees combining 12,659 postal offices, 4,000 TIM retail points and 49,000 partner outlets, building an AI‑driven data platform and offering a broad suite of financial and utility services. Analysts expect annual synergies of about €700 million within three years and project dividend yields of €1.30 per share in 2026 rising to €1.40 in 2027, with no planned job cuts. Following the acquisition, Gruppo TIM will become privately held, with Poste Italiane as the controlling shareholder. TIM Brasil, which contributed 46.8 % of the group’s EBITDA in 2025, will remain under the new ownership and is described by its president as a strategic "jewel" for the group, aligning with Italy’s goal of a national champion in digital infrastructure and data sovereignty.

Timeline

  1. about 8 hours ago

    [BUSINESS] 2 sources
    Poste Italiane to control TIM Brasil, calls Brazil a strategic 'jewel

    Poste Italiane, backed by the Italian government, will become the controlling shareholder of Gruppo TIM, keeping TIM Brasil under the group and calling Brazil a strategic 'jewel'.

  2. 6 days ago

    [BUSINESS] 6 sources
    Poste Italiane launches €13.2 billion public offer to acquire TIM

    Poste Italiane’s €13.2 billion mixed cash‑share offer to buy TIM, launched on 20 July 2026, aims to merge networks, create an AI data platform and deliver €700 million synergies, with expected dividends of €1.3

  3. 9 days ago

    [BUSINESS] 3 sources
    Poste Italiane's €13.4bn Offer to Acquire and Delist Telecom Italia (TIM)

    Poste Italiane's €13.4bn mixed cash‑stock OPA aims to delist and integrate TIM, targeting a 66.67% acceptance level, with early subscriptions at 0.05% and projected €700m annual synergies, while job contracts ‑

  4. 9 days ago

    [BUSINESS] 5 sources
    Poste Italiane posts record half-year earnings, pushes TIM integration

    Poste Italiane posted record H1 2026 results—€6.8bn revenue, €1.8bn EBIT, €1.2bn profit—and moved forward with its TIM integration, a unified financial hub and Postal Savings reorganisation.

  5. 13 days ago

    [BUSINESS] 8 sources
    Poste Italiane's €13 billion bid to acquire Telecom Italia

    Poste Italiane offered €1.67 cash + shares per TIM share in a €13 billion bid covering ~80% of Telecom Italia; offer runs 20 July‑11 Sept 2026, first day 832,748 applications; legal hurdle cleared; TIM brand to

  6. 13 days ago

    [BUSINESS] 4 sources
    Telecom Italia TIM completes €12.1 million share repurchase in July 2026

    Telecom Italia TIM repurchased 1.53 million shares for €12.1 million in July 2026, part of a €400 million buyback programme approved in April.

  7. 17 days ago

    [BUSINESS] 16 sources
    Poste Italiane's bid for Telecom Italia cleared by regulator and TIM board

    Consob and TIM’s board have cleared Poste Italiane’s €13‑14 billion public offer for Telecom Italia, offering €1.67 cash and 0.218 new shares per TIM share, with the tender running 20 July‑11 Sept 2026.

  8. 19 days ago

    [BUSINESS] 5 sources
    Poste Italiane cleared by Bank of Italy to acquire Telecom Italia's TimFin stake

    Bank of Italy approved Poste Italiane’s plan to acquire a qualified stake in TimFin, clearing a key regulatory hurdle for its bid to take over Telecom Italia.

  9. 23 days ago

    [TECHNOLOGY] 6 sources
    Poste Italiane bids €13.5bn for Telecom Italia to build sovereign AI and cloud network

    Poste Italiane proposes a €13.5 bn bid for Telecom Italia to form a state‑backed group that will build a sovereign AI and cloud infrastructure, converting postal sites into edge‑computing hubs.

  10. 27 days ago

    [BUSINESS] 5 sources
    Leonardo, Poste Italiane to gain control of Italy's national cloud hub

    Leonardo will lift its stake in Italy’s National Strategic Hub to 35% while Poste Italiane is set to buy 20%, moving toward a 65% joint control of the EU‑backed cloud platform.

Sources

adginforma.it · assesempione.info · assodigitale.it · atarde.com.br · businesspeople.it · corcianonline.it · donne.notizie.it · economymag.it · entilocali-online.it · finanza.com · giornaledellepmi.it · igizmo.it · ilcorrieredelgiorno.it · ilpensieromediterraneo.it · iltempo.it · indigo-blau.de · inliberta.it · it-boltwise.de · key4biz.it · kfgo.com · ladiscussione.com · lastampa.it · liberoquotidiano.it · mantovauno.it · metronews.it · mittelaltergazette.de · napolike.it · news.yam.md · newtuscia.it · notizie.it · oral.fi · ot.gr · periodicodaily.com · primalamartesana.it · primalavaltellina.it · primalecco.it · primapaginanews.it · quotidiano.net · quotidianodelsud.it · quotidianodifoggia.it · sardegnalive.net · soldionline.it · sportfeet.com · techinside.com · teleborsa.it · telecitynews24.it · thesheffieldpress.com · tribunadepetropolis.com.br

This summary has been updated 1 time: see revision history