Sawiris offers $6.4bn for Telecom Italia stake
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Sawiris offers $6.4bn for Telecom Italia stake

Sawiris offers $6.4bn for Telecom Italia stake

Egyptian businessman Naguib Sawiris has offered to invest €5bn ($6.4bn) to acquire a stake in Telecom Italia, the Wall Street Journal has reported, citing sources close to the company. The offer is worth 30% of Italy's largest telecoms operator at current market values.

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