News Headline Summary

Telecom Italia (TIT IM) board gives mandate to chairman and three others to negotiate 3 Italia merger options, according to a source

Update details:

- This is alongside expectations, as a number of source comments, analysts and domestic press reports have speculated that Telecom Italia are in discussions on future merger strategies.

Reaction details:

- No immediate reaction in TIT IM shares; trades EUR 0.62 (+3.1%) last.

Print 14:11, 11 Apr 2013 - European Equities - Source: Newswires