Foreign firms circle TI

22 Sep 2006

Italian newspaper reports suggest that at least six foreign equity firms are interested in acquiring assets belonging to Telecom Italia. In addition, some of these groups have already held discussions with the Italian businessman Mario Resca, the chairman of McDonalds Italy. Resca told L’Unita: ‘I have been asked to study Telecom Italia, its potential, its weaknesses, and define a possible investment.’