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Trujillo Said to Seek $9.6 Billion With Arab Funds for Telecom Italia Bid

2014-09-26 06:04:09| Telecom - Topix.net

Former Telstra Corp. Chief Executive Officer Sol Trujillo is seeking to raise as much as 7.5 billion euros to bid for a stake in Telecom Italia SpA , according to people familiar with the matter. Trujillo has discussed the plan with New York-based financial advisers, and sovereign-wealth funds in Qatar and Abu Dhabi are among investors that have expressed interest, said the people, asking not to be identified because the proposal is private.

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Category:Telecommunications

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