MQGPB News: Italian Right Plans to Take Telecom Italia Private, Halve Debt - 12th Aug 2022, 7:47pm

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(Bloomberg) -- Italy’s far-right Brothers of Italy party, which is leading polls ahead of snap elections next month, is promoting a plan to take Telecom Italia SpA private and sell off the phone company’s assets in a bid to cut its debt pile by more than half, people familiar with the matter said. The shares jumped.

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