Consob has approved the document for Poste Italiane's public tender and exchange offer for TIM, authorizing the opening of the acceptance period. Shareholders may accept the offer from July 20 to September 11, 2026. TIM's board of directors is expected to issue its fairness opinion on the offer. According to market reports, the assessment could be released by the weekend, following a meeting among board members scheduled for Friday. The transaction comes against a backdrop of volatile European markets affected by broad geopolitical and technological developments.