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Retelit, Italy finance ministry make third try at EU approval of Sparkle deal

By Jean Comte ( March 4, 2026, 21:12 GMT | Insight) -- Telecommunications service provider Retelit and the Italian Finance Ministry filed their intended acquisition of Sparkle for clearance with the European Commission, according to an update on the regulator's website. This is the third time the acquirers have notified the deal since November, with the two previous notifications withdrawn before the regulator could officially rule on the deal.Telecommunications service provider Retelit and the Italian Finance Ministry filed their €700 million joint intended acquisition of Sparkle, a subsidiary of Telecom Italia, for approval with the European Commission, according to an update on the regulator's website Wednesday....

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