Activist investor Bluebell Capital proposes new CEO, board for Telecom Italia, opposes breakup and Brazil unit sale.
Activist investor Bluebell Capital Partners proposed an alternative business plan for Telecom Italia, recommending a new CEO and board of directors, including former Google executive Laurence Lafont. The proposal was made during the company's annual meeting on April 23, amid concerns over current business plans and debt issues. Bluebell opposes the company's breakup and the sale of its Brazil unit.
April 11, 2024
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