Poste Italiane says 46.52% of Telecom Italia shares tendered in offer, takes stake to 66.63%

(AWP Alliance News) - Poste Italiane secured control of Telecom Italia following the close of its public tender and exchange offer, lifting its stake to about 66.63% of the share capital. Shareholders tendered 993,596,322 Telecom Italia shares, equal to about 46.52% of the company's share capital.

Settlement is set for Sept. 18, 2026, with consideration of 0.218 newly issued Poste shares and EUR 1.97 in cash per Telecom Italia share tendered. Poste is set to issue 216,603,998 new shares to deliver the equity component.

The acceptance period will reopen for trading sessions on Sept. 21-25, 2026, with payment for shares tendered in that window due on Oct. 2, 2026.

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Disclaimer: This news brief was created using generative artificial intelligence. Poste Italiane S.p.A. published the original content used to generate this news brief on September 15, 2026, and is solely responsible for the information contained therein.