Telecom Italia CEO held talks with Vivendi in Paris on Thursday – sources

ROME (Reuters) – Telecom Italia (TIM) Chief Executive Pietro Labriola met with top representatives of the group’s main investor Vivendi in Paris on Thursday, two sources briefed on the matter said.

The French media company and Labriola have been at odds over TIM’s decision to sell its prized landline grid to U.S. fund KKR.

The sources described the meetings as “friendly” and “positive,” without giving further information.

The talks took place as Labriola, who is working on a new business plan, is seeking a second term at the helm of the former phone monopoly.

(Reporting by Elvira Pollina, editing by Gavin Jones)

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