Weekly Recap: Poste Italiane 85.822% estimate and TIT 66.6% take-up

Telecom Italia S.p.A. (MIL:TIT) reopened its March bid to build a national digital-infrastructure group, seeing roughly 65—66.6% tendered so far and an updated offer of 0.218 Poste shares plus €1.97 cash, which would leave Poste Italiane holding about 85.822% if confirmed, short of squeeze-out.Prev…