Qui la sparano davvero grossa!
Shares in Telecom Italia (
TIT.MI) rise as much as 5% as investors react to a new indication of the Italian telecom operator's worth
** A Milan-based trader says the market is betting on a report by Italian daily Il Messaggero, which refers to a valuation of 24 billion euros ($26.1 billion) on TIM's network by Italy's CDP, underpinning the value of the company as a whole
**
This would take to a target price of around 60 cents, Equita says
** A source close to TIM's top shareholder Vivendi (
VIV.EQ) said the amount CDP is considering offering would be far below the value that Vivendi deems fair
** The stock has risen 17.5% in the last month to around 0.2650 euros, outperforming Italy's blue-chip index <.FTMIB>, which rose 11.5% ($1 = 0.9189 euros)