February 13, 2025 11:59 GMT
COMMUNICATIONS: TITIM; M&A-Related Snippets From The Call
COMMUNICATIONS
No real new information but no push back against speculation either.
- “We always thought that from an industrial point of view, the only two possible targets for an M&A activity in the consumer side were PosteMobile or Iliad.”
- “I don't have a specific preference. What is happening is that for us always is important the result for the company. So we want to continue to deliver the number and don't be distracted by something that happened outside our perimeter and our possibility.”
- Q: “Why don't you take the lead here and actually make a bid directly for Iliad so you become the driving force in actually creating this value opportunity in the market?”
- A: “But we have also to have a clear view about, if our shares are two times EBDA, it's more convenient to invest in further putting a bet on a market consolidation, buying someone with the right price, or it's better to buy our company, because today, it's a real cheap company”
Keep reading...Show less
162 words