Trending Now - Poste Italiane Initiates €10.8B Bid for Telecom Italia Acquisition

WHO:

Poste Italiane, a majority-state-owned national postal service in Italy

Telecom Italia SpA, a telecommunications company in Italy

WHAT:

Poste Italiane announced it will launch a cash-and-share offer valued at approximately €10.8 billion ($12.5 billion) for Telecom Italia

The offer aims for Poste Italiane to gain full control of Telecom Italia

WHERE:

Italy

WHEN:

The announcement was made on Sunday, March 22nd, 2026

WHY:

The acquisition is part of Poste Italiane's strategy to expand further into digital infrastructure

HOW:

The offer will be a combination of cash and shares

(UPDATED March 23, 2026 01:34 UTC)

Poste Italiane has announced a cash-and-share offer valued at approximately €10.8 billion, or $12.5 billion, for Telecom Italia, aiming to gain full control of the telecommunications company. This significant move, revealed on Sunday, March 22, 2026, is part of Poste Italiane's strategy to expand further into digital infrastructure. The offer will be structured as a combination of cash and shares, marking a pivotal moment in Italy's telecommunications landscape.