Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Around the World's Markets: Milan

Thursday 25 February 1999 20:02 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

THE MILAN bourse followed other European exchanges downwards, with the takeover battle between Telecom Italia and its rival Olivetti providing the main trading focus.

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.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in