
David Lees/DigitalVision via Getty Images
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Vivendi (OTCPK:VIVHY) has signed an agreement with Poste Italiane (OTCPK:PITAF) to sell 15% of Telecom Italia (OTCPK:TIAIY) ordinary shares and voting rights for €0.2975 per share for a total of €684 million.
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Following the transaction’s completion, after notification to Italian competition authorities, Vivendi will