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theedgemarkets.comFitch Ratings upgraded Telecom Italia's rating to BB+ and assigned a stable outlook, citing improved cash flow generation and stabilizing leverage. The changes follow the company's sale of its fixed local access network and other non-core assets. @FirstSquawk reported the rating…
Substrate placeholder — needs reviewThe board of Telecom Italia has appointed Evercore and Goldman Sachs as financial advisors to review a tender offer from Poste Italiane. Legal firms have also been appointed for the review of the tender offer and an exchange proposal. These appointments aim to assess the proposal…