Thursday, April 26, 2007

UPDATE 3-America Movil seeks partners for T. Italia bid

(Reuters) - MEXICO CITY/MILAN, April 26 - Mexican cell phone company America Movil is searching for new partners, especially Italians, to buy control of Telecom Italia after AT&T Inc. pulled out, America Movil's CEO said on Thursday, but the seller Pirelli said there was no new offer yet.

Pirelli's chairman, Marco Tronchetti Provera, said he would not sell for below 2.82 euros per Telecom Italia share -- the price offered by America Movil and U.S. phone company AT&T . Telecom Italia is Italy's biggest phone group.


Read more at Reuters.com Mergers News

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