Around the World's Markets: Milan
Friday 26 February 1999
Olivetti, Italy's number two telecoms company, refiled its $58bn offer for its larger rival Telecom Italia, a move designed to prevent Telecom Italia from taking measures to repel the bid.
Shares in Olivetti and Telecom Italia ended down 7 per cent and 2 per cent respectively. The Milan Mib 30 index ended 1,003 points lower at 35,010.
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