Chief Financial Correspondent, Italy, Milan
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Apr 25, 2013
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Apr 22, 2013

Hutchison not targeting Telecom Italia fixed network-source

MILAN, April 22 (Reuters) – Hutchison Whampoa is
targeting Telecom Italia’s mobile business and would
not oppose a spin-off of its fixed-line network, thus removing a
major political hurdle to a deal, a source familiar with the
matter told Reuters.

Italy’s biggest phone operator and the Hong Kong-based
conglomerate are in preliminary contacts over a possible tie-up
that would see Hutchison owning 29.9 percent of Telecom Italia
after selling its 3 Italia mobile business to the group and
buying out some other shareholders.

Apr 22, 2013
Apr 22, 2013

Investors cheer Italy after president elected

MILAN, April 22 (Reuters) – Hopes of an end to two months of
political deadlock in Italy drove its financial markets higher
on Monday after the re-election of 87-year-old Giorgio
Napolitano suggested parties may be nearer a deal to form a
government.

Napolitano, elected after days of squabbling thanks to a
broad agreement between some of Italy’s main political groups,
had earlier made clear that he favoured a new government over
potentially destabilising new elections.

Apr 20, 2013
    • About Lisa

      "I have been a correspondent for 13 years, reporting on banks, financial regulation and EU politics from London, Brussels, Zurich and Milan. I have also written about a variety of business sectors, general news, the arts and sport. As Chief Financial Correspondent for Italy, I keep a close eye on top Italian business stories, particularly Fiat and banking."
      Joined Reuters:
      1998
      Languages:
      English, Italian, French, German, Dutch, Spanish
      Awards:
      2010 Reuters Star Performer Award
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