Cassa depositi e prestiti S.p.A. made a non-binding offer to acquire an unknown majority stake in Italian fixed line network business from Telecom Italia S.p.A. (BIT:TIT) on March 5, 2023. As of April 18, 2023, The Board of Directors of Cassa depositi e prestiti S.p.A. gave the green light for the submission of a new non-binding offer by CDP Equity, jointly with Macquarie Asset Management. The offer will expire on May 31, 2023. The two non-binding offers will be examined by TIM?s Board of Directors at the meeting scheduled for May 4, next, after preliminary investigation by the Related Parties Committee. The transaction is subject to anti trust regulations.

Cassa depositi e prestiti S.p.A. cancelled the acquisition of an unknown majority stake in Italian fixed line network business from Telecom Italia S.p.A. (BIT:TIT) on July 1, 2024.