Vivendi CEO denies company wants to call Telecom Italia shareholder meeting on board
Reuters
Published Oct 19, 2018 03:57AM ET
Vivendi CEO denies company wants to call Telecom Italia shareholder meeting on board
ROME (Reuters) - A report Vivendi (PA:VIV) is thinking of calling a shareholder meeting at Telecom Italia (MI:TLIT) to appoint four more board members are off the mark, the French media group's CEO said.
"What I read is not a reality of the moment," Arnaud de Puyfontaine said on Friday on the sidelines of a conference.
Vivendi is Telecom Italia's leading shareholder.
Last May activist fund Elliott wrestled board control from the media giant after a two-month campaign to shake up the way the French group had been running the former telecoms monopoly.
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Written By: Reuters
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