Telecom Italia SpA
TIT: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!b | LOCK|&?C | LOCK|Bt#hB& |
Telecom Italia: Poste Italiane EUR 0.635 Offer Looks Fair for Shareholders
Poste Italiane’s offer to Telecom Italia shareholders at an implied price of EUR 0.635 per share looks accretive for shareholders, and a 63% premium to our previous EUR 0.39 fair value estimate. Poste Italiane has offered EUR 0.167 in cash plus 0.0218 Poste Italian shares per Telecom Italia share.
