Poste Italiane has launched an Opas, a public purchase and exchange offer, on Tim's shares. According to the prospectus, the operation aims at the delisting of Tim and a phase of combined growth for the two groups. At the moment, no decisions have been taken regarding any further extraordinary operations.

The CEO of Poste Italiane, Matteo Del Fante, stated that the two companies together are stronger and described the operation as a new phase for the shareholders of the telecommunications group, who would return to receiving dividends. The CEO of Tim, Pietro Labriola, stated that the two groups are complementary.

On the markets, European exchanges closed largely unchanged, while Poste and Tim shares recorded a negative trend in conjunction with the launch of the Opas.