Thursday , 19 April 2018

Home » RESOURCES » MARKET » Telecom Italia proposes to trim power of majority slate in board vote

Telecom Italia proposes to trim power of majority slate in board vote

Telecom Italia proposed to change some of its regulations that would reduce the appointment power of the majority slate in a board election.

In a statement, the company group proposed that whichever slate wins more votes at a shareholder meeting will appoint two-thirds of its board instead of the current four-fifths.

The proposed change in bylaws comes as Telco is in the process of being dismantled and French media group Vivendi is likely to become Telecom Italia’s largest single shareholder.

The material has been provided by InstaForex Company – www.instaforex.com

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Telecom Italia proposes to trim power of majority slate in board vote Reviewed by on . Telecom Italia proposed to change some of its regulations that would reduce the appointment power of the majority slate in a board election. In a statement, the Telecom Italia proposed to change some of its regulations that would reduce the appointment power of the majority slate in a board election. In a statement, the Rating:
scroll to top