Poste Italiane is trading 4.1% down at β¬27.15 as investors weigh the execution and balance-sheet risks associated with its proposed β¬14.9 billion takeover of Telecom Italia.
- The massive acquisition would significantly expand the company's empire but has prompted concerns regarding integration challenges and financial stability.
- Shareholders are reassessing the stock's valuation after several flat trading sessions at β¬28.32, focusing on the scale of the deal previously welcomed by Telecom Italiaβs board.