“They probably would have preferred to go down that (listing) route, ... Clearly the market conditions are not right for that. You would expect though at some point the market would turn more favorable or they'll line up a trade buyer for it.”
“Looking at the restructuring, it will make the bond holders more comfortable at the expense of the minority shareholders, ... If they get TIM out from under TI, bond holders will have better access to one of the crown jewels in the TI portfolio.”
