Italy’s antitrust authority has granted unconditional approval to Poste Italiane’s acquisition of an additional 15% stake in Telecom Italia (TIM) from France’s Vivendi, according to two sources familiar with the matter said Reuters.
The transaction makes state‑backed Poste Italiane the single largest shareholder in TIM, with a 24.8% holding. Neither TIM, Poste Italiane, nor the competition watchdog provided official comment on the decision.
Poste Italiane, historically known for its postal and parcel services, has in recent years expanded into a broad range of sectors including finance, energy, payments, and broadband. The company notified the deal to the Italian competition authority in May.
Following its review, the authority concluded the operation did not raise competition concerns and cleared the deal without imposing any conditions, the sources said.
The approval marks a significant development in TIM’s shareholder structure, consolidating Poste Italiane’s role as a leading player in Italy’s telecom sector.
