Poste falls short of Telecom Italia delisting threshold after takeover bid

Poste Italiane MIL:PST has secured %85.82 of Telecom Italia (TIM) MIL:TIT after increasing the price of its takeover bid and reopening it, Reuters calculations based on stock exchange data showed on Friday.The take-up falls short of the 90% ownership threshold that would have allowed Poste to take…