From Bloomberg: Telecom Italia SpA, Italy’s biggest phone service provider, said some sovereign funds expressed an interest in buying a stake in the company, though they haven’t made offers yet, Chief Financial Officer Marco Patuano said.

Milan-based Telecom Italia said Sept. 25 its board was informed of interest from investors interested in buying a stake in the company, although no proposal was received. The company said that it didn’t solicit the indications of interest….. Full Article: Source