Tim: Board of Directors gives the go-ahead for Opas Poste; the consideration offered is deemed appropriate
TIM’s business plan will not be updated pending the completion of the Poste Italiane bid and the scenarios that are set to emerge in the coming months
The board of directors of Tim unanimously considers that the consideration offered by Poste Italiane is financially fair and views the rationale and industrial prospects of the transaction, as well as its consistency with the path undertaken by Tim, in a positive light. This is stated in a press release.
The public takeover and exchange offer, which will commence on Monday 20 July, offers, for each share tendered, 1.67 euros and 0.218 newly issued ordinary shares in Poste.
Tim’s business plan will not be updated pending the completion of Poste Italiane’s bid and the scenarios that are set to unfold in the coming months. This was announced by the incumbent, which published the company’s press release promoting Poste Italiane’s bid.
“Accordingly,” the statement reads, “on 29 July, only the consolidated financial results for the second quarter and first half of 2026 will be announced and then presented to the market during the conference call on 30 July.”
