Tim, the Mef's offer is not satisfactory - News.com.au. Tim's board of directors examined the offer received from the Ministry of Economy and Finance for the purchase of Sparkle.

"Having deemed it unsatisfactory, it mandated the CEO, Pietro Labriola, to negotiate a different op... (ANSA)... This is "under the assumption that Tim maintains a stake in the company for a specific period of time and supports the implementation of the strategic plan".  Reproduction reserved.