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Revived takeover talk boosts Italy's TIM as network deal stalls

Revived takeover talk boosts Italy's TIM as network deal stalls

MILAN, Oct 18 (Reuters) - Telecom Italia (TIM) shares rose sharply on Tuesday, rebounding from record lows, after a report rekindled takeover speculation by saying private equity fund CVC Capital Partners was weighing a potential buyout bid for the former phone monopoly.

"Through Reform '25, we must seize this opportunity and make the care of everyone involved in gymnastics as important as our focus on developing participation and performance," said British Gymnastics Chief Executive Sarah Powell.

Amanda's conservatorship began in 2013 when she was involuntarily committed to a Pasadena psychiatric treatment facility following a public meltdown involving a string of bizarre run-ins with the law dating back to 2012.

In addition to Third Point, another hedge fund, TOMS Capital Investment Management, has also done considerable research on what changes might make Colgate more profitable, people familiar with the matter said.

"Although the Board is fairly long-tenured and not known for making bold moves, we are confident that it will act in the best interests of shareholders if Colgate becomes part of the current M&A minuet in consumer health," he wrote.

Proceeds from the potentially multi-billion euro sale would give TIM fresh resources to cut its 25 billion euros debt pile after being hit by multiple rating downgrades, and to focus on its service operations.

The mother-of-one - who was recently rumored to be dating Brad Pitt, 58 - looked chic in a black, off-the-shoulder top, matching slacks, and red boots, as she chatted with her companion, before the pair climbed onto his motorbike and heading off together.

It remains unclear how or when Emily and Orazio first met, but it appears that they've known each other for a while, as it was reported that they were seen grabbing dinner together during Milan Fashion Week last September.

Sponsored by the outgoing government of Mario Draghi, CDP's plans to create a single broadband network champion will now have to be reviewed by a new right-wing government which is due to be installed this month.

It opted instead to pursue a plan centred around an outright sale of its prized landline assets to state lender CDP, which owns 10% of TIM and controls its smaller rival Open Fiber. TIM this year turned its back on a 0.505 euro non-binding approach by U.S.

'It's, like, known that her husband has cheated on her and they're filing for divorce,' she said, adding that when the couple officially confirms their separation, it will not come as a surprise to anyone.

these are important first steps on a long-term journey of change," Sport England CEO Tim Hollingsworth and UK Sport CEO Sally Munday said in a statement. "We welcome today's report and acknowledge that though there is no quick fix to the challenges facing the sport of gymnastics ...

The Whyte report, which examined over 400 complaints, found that British gymnastics suffered from a cultural problem where young athletes were shamed for their weight while others were handed harsh punishments for the slightest mistakes in training.

Oct 18 (Reuters) - British Gymnastics has launched a new action plan, including the reporting of banned coaches, to provide a safe environment for its athletes following a damning report that uncovered a culture of abuse in the sport, the governing body said on Tuesday.

The Whyte Review, published in June, showed that British gymnasts were subjected to widespread physical and mental abuse in a system where such behaviour was condoned in the pursuit of national and international success.

The investor letter did not disclose the size of Third Point's stake, but cited several reasons for investing in the consumer goods company, including its pricing power in inflationary conditions and the strength in its pet food business.

Oct 18 (Reuters) - Daniel Loeb's Third Point has built a significant position in toothpaste maker Colgate-Palmolive Co and sees value in a potential spinoff of its Hill's Pet Nutrition business and other brands, the activist investor said in a letter seen by Reuters.

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