Poste Italiane’s €10.8 Billion Bid Puts TIM Brasil Control in Play

Brazil · Business Key Facts —The Bid. Poste Italiane launched a voluntary cash-and-share offer for all Telecom Italia shares, valuing the company at €10.8 billion (approximately US$12.5 billion). —Board Approval. Telecom Italia’s board unanimously approved the offer on 18 July 2026, with the subscription period running from 20 July to 11 September 2026. —State Control.…