Poste Italiane's extraordinary general meeting has granted the board of directors the authority to increase the share capital by a maximum of 371,986,879 shares, in preparation for a potential public takeover offer (Opas) for Tim.
Telecom Italia has successfully concluded the conversion of its savings shares into ordinary shares. This move comes ahead of a potential bid from Poste Italiane, streamlining the company's share structure.
Italy's postal service, Poste Italiane, has confirmed its $12.5 billion takeover bid for Telecom Italia (TIM), with the Wall Street Journal also reporting the substantial offer, signaling a major move in the telecommunications sector.
Italy’s state-controlled postal service, Poste Italiane, has launched a public tender offer to acquire Telecom Italia for approximately 10.8 billion euros, proposing a mix of new shares and cash. This move, backed by the Meloni government, aims to bring Telecom Italia back under political influence and establish Poste Italiane as a key player in the telecoms market.
Poste Italiane's logistics sector is experiencing significant growth in early 2026, having delivered 89 million packages in the first three months of the year.
Poste Italiane's Polis project is expanding access to passport issuance and renewal services, making them available in 7,500 post offices, particularly in smaller municipalities.
Poste Italiane's €10.8 billion bid for Telecom Italia has been met with a lukewarm reception from investors, who find the offer unenticing and suggest the company should make a more compelling proposal.
The payment dates for May 2026 pensions in Italy will vary due to Labor Day, with Poste Italiane making payments on Saturday, May 2nd, and banks on Monday, May 4th.
Italy's Ministry of Economy and Finance (Mef) has confirmed the appointments of Del Fante as CEO and Rovere as president for the renewal of Poste Italiane's board of directors.
Poste Italiane's offer for Telecom Italia (TIM) is being interpreted as a broader strategic move aimed at revitalizing and rebuilding the Italian economy.
Poste Italiane's SuperApp, which has 4.2 million daily users, will soon introduce a new dashboard allowing users to manage active subscriptions from services like Netflix and Dazn.