Vivendi CEO pleased with constructive talks on Italy’s TIM

MILAN: The head of French media group Vivendi said on Friday he was grateful to the Italian government for creating conditions for constructive talks on the future of Italian phone group Telecom Italia (TIM) as a deadline nears.

The negotiations aim to find a shared solution that meets government goals and satisfies all stakeholders in the interest of the country, Vivendi CEO Arnaud de Puyfontaine said in a statement. Vivendi is TIM’s top shareholder.