News Headline Summary

Hutschison confirms Telecom Italia (TIT IM) contacts on business merger

Update details:

- Earlier it was reported that Telecom Italia is in premilinary talks with Hutchinson. Sources said the co's board plan to evaluate measures at a meeting next week to bolster the Co.'s mobile phone business.

Reaction details:

- Co. shares are unmoved by these latest comments; trades EUR 0.5955 last.

Print 12:14, 05 Apr 2013 - European Equities - Source: Newswires