Investing.com - Financial Markets Worldwide

Blackrock increases stake in Telecom Italia to 5.1% - report

Published 29/08/2025, 13:46
© Reuters.
TLIT
-1.06%
BLK
-0.22%

Investing.com -- BlackRock (NYSE:BLK), the world’s largest asset manager, has raised its stake in Telecom Italia (BIT:TIT) to 5.1%, Reuters reported on Friday, citing a regulatory document.

The transaction, which took place on August 26, showed that BlackRock previously held a 4.977% aggregate stake in the Italian phone group.

The updated stake includes 3.585% of voting shares, 1.1% in potential holdings, and 0.414% in other long positions with cash settlement, as detailed in the filing, according to the report.

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