Tiscali France sale to be inked next week
Maybe, maybe not
Telecom Italia's bid to acquire Tiscali France may not be inked until next week, The Register has learned.
Earlier press reports had suggested that the €250m to €300m acquisition could be completed as early as tomorrow. But this is thought to be a tad optimistic, with all the signs suggesting that a formal announcement is expected later next week.
Separately, the AFX newswire reports that staff at Tiscali France are planning strike action over what it describes as the "lack of information regarding Telecom Italia's plans".
Tiscali and Telecom Italia declined to comment on the latest developments. ®
Tiscali 'flogs French ISP'
186k takes over 200 Tiscali UK VISPS
Tiscali denies France sell-off reports
Tiscali OKs H1 numbers
Tiscali chops off Swiss arm
Lycos Europe buys Tiscali Sweden
Tiscali Norway flogged
Tiscali flogs South African ISP
Sponsored: Today’s most dangerous security threats