The transaction in a nutshell

The transaction aims to rationalize TIM’s capital structure by moving to a single class of shares, simplifying its ownership structure and corporate governance. EQUITA acted as sole financial advisor on the transaction.
- Client:
- TIM S.p.A.
- Date:
- January 2026
- Mandate:
- Conversion of Savings Shares into Ordinary Shares
- Role:
- Fairness Opinion
- Value:
- Undisclosed
- Team:
- M&A advisory
- Advisor:
- EQUITA SIM
La società
TIM S.p.A. is Italy’s leading telecommunications and digital technology group, a market leader in fixed and mobile telephony, internet services and ICT solutions for consumers, businesses and public administrations. As part of the TIM Group, and with offices in Rome, Milan and Naples, the company drives the digital transformation in Italy and Brazil by developing advanced network infrastructures (4G/5G and fibre), cloud services, cybersecurity and integrated digital solutions.
TIM is listed on Borsa Italiana and is one of the leading communications operators in Europe.