Core Viewpoint - Poste Italiane is launching a cash-and-share bid to acquire Telecom Italia for €10.8 billion ($12.5 billion), aiming to take the company private and enhance its telecommunications capabilities [1][2]. Group 1: Acquisition Details - Poste will offer €0.167 in cash and 0.0218 newly issued Poste shares for each TIM share, valuing TIM shares at €0.635 each, representing a 9.01% premium over the last closing price [2]. - The acquisition is intended to provide Poste with a comprehensive mobile and fixed-line telecom network, as well as a strong position in cloud and data center infrastructure [2]. Group 2: Financial Impact - The combined entity is projected to have pro forma revenues of €27 billion and an operating profit of €5 billion, employing over 150,000 individuals [3].