Poste Italiane Announces Planned Takeover Offer for Telecom Italia
Poste Italiane S.p.A. has announced its decision to launch a voluntary public takeover offer for all shares of Telecom Italia S.p.A. (TIM), marking a significant potential shift in Italy’s telecommunications sector.
In a notice released on 22 March 2026, Poste Italiane confirmed that the planned transaction will be a totalitarian public cash and exchange offer, meaning it aims to acquire the entirety of TIM’s ordinary shares currently listed on Euronext Milan and managed by Borsa Italiana S.p.A..
The offer will include:
- All issued ordinary shares of TIM
- Treasury shares currently held by the company
- Additional shares that may be issued before the close of the offer period under existing employee incentive plans
The move is being carried out in compliance with Italian financial regulations, including Article 102 of the Consolidated Financial Act (TUF) and CONSOB’s Issuers’ Regulation.
If completed, the transaction could represent a major consolidation in Italy’s communications and infrastructure landscape, bringing together Poste Italiane’s extensive national network with TIM’s telecommunications operations.
