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Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/IllustrationMILAN, Sept 27 (Reuters) - Italian state lender CDP is readying a preliminary offer for Telecom Italia's landline grid, it said on Tuesday, as it presses ahead with plans to create a single broadband company with Open Fiber after a general election on Sunday. CDP is now expected to submit a non-binding offer in the first half of October, two sources familiar with the matter said, cautioning deliberations are ongoing. Register now for FREE unlimited access to Reuters.com RegisterTIM (TLIT.MI) and CDP reached a preliminary agreement in May aimed at creating a unified broadband champion merging TIM's assets with those of Open Fiber under CDP control. Under the preliminary agreement sealed in May, CDP and TIM aimed for a binding deal by the end of October.
BERLIN/FRANKFURT, Sept 22 (Reuters) - Initial offers for RTL's 48% stake in French TV channel M6 are expected by Friday after a failed tie-up with France's TF1 broadcaster, a person familiar with the matter said. RTL has been "inundated" with expressions of interest in the M6 ​​stake since TF1 and M6 called off their planned merger last week, its boss Thomas Rabe told the Financial Times on Thursday. Other potential buyers include French media group Vivendi (VIV.PA) and Altice, owned by billionaire Patrick Drahi, alongside Italian media conglomerate MediaForEurope (MFE), Reuters reported on Monday. If RTL wants to sell M6, a deal must be completed by spring 2023, because M6's broadcasting license comes up for renewal in May. In March 2021, when Bertelsmann confirmed talks to sell its stake, French media reported the RTL's stake was worth 1.5 billion euros ($1.48 billion), valuing all of M6 at around 3 billion euros.
PARIS/MILAN, Sept 19 (Reuters) - The collapse of a deal to form a French TV giant to challenge U.S. streaming services such as Netflix (NFLX.O) knocked shares in M6 Group (MMTP.PA) and TF1 (TFFP.PA) on Monday. France's two biggest private broadcasters gave up their merger plan on Friday citing French antitrust requirements that rendered the deal unworkable. read moreRegister now for FREE unlimited access to Reuters.com Register"It is extremely disappointing, it shows the incapacity in France of pushing a unifying project to create a French media champion," said Mikael Jacoby, head of continental trading at Oddo Securities. At 1424 GMT, TF1 shares were down 3.3% and shares in M6 were 3% lower. "Hedge funds don't want exposure to the advertising sector, people are very worried about next year," a merger arbitrage analyst said.
Controversa privind prioritatea acordată lui Charles Michel în timpul întâlnirii celor doi la Ankara, cu preşedintele turc, Recep Tayyip Erdogan, a fost percepută ca un afront de către Ursula von der Leyen. Şefa Comisiei a fost plasată de protocol pe o canapea, la distanţă, în timp ce Charles Michel şi Recep Tayyip Erdogan au ocupat singurele două fotolii disponibile. Serviciile Consiliului asigură că Charles Michel are prioritate pentru protocolul internaţional. Un memorandum, care expune în cinci puncte cererile preşedintei Comisiei pe baza „interpretării regulilor în vigoare", a fost transmis prin e-mail colaboratorilor lui Charles Michel, a precizat acesta. „Comisia profită de incident pentru a pune la îndoială tratatele, în special articolul 15", care detaliază responsabilităţile fiecăruia, susţine sursa agenţiei franceze de presă.
Persons: Charles Michel, Ursula von der Leyen, Eric Mamer, Ursula von Organizations: Consiliului European, Agerpres Locations: Ankara, turc, Turcia, Ursula von der
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