Trujillo to Seek $9.6B for Telecom Italia Bid

Trujillo to Seek $9.6B for Telecom Italia Bid

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Business

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Hard

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Telstra is exploring partnerships with other telecommunication companies, while Salitrillo plans to raise $9.6 billion to acquire a stake in Telecom Italia. This move has attracted interest from investors, including sovereign wealth funds from Qatar and Abu Dhabi. The investment amount represents about half of Telecom Italia's market value.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is looking for another telecommunications company according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the amount of $9.6 billion equate to in terms of Telecom Italia's market value?

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