ROME (dpa-AFX) - Vivendi (VIV.L) said that it has purchased additional Telecom Italia ordinary shares on the market in order to bring its participation back to previous levels following the dilution of its 24.68% stake in Telecom Italia's share capital to 21.91%. The dilution results from the maturity of a bond mandatorily convertible into Telecom Italia ordinary shares.
As of November 22, 2016, Vivendi owns 23.15% of Telecom Italia's ordinary shares
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