Fastweb. Trend Following
L ' offer to purchase remaining shares of Fastweb by SWISSCOM at a price of 18 euro per share closed on Friday '12 November 2010. Swisscom is' determined to make the delisting of the title FastWeb list by the Italian Stock Exchange. He did understand the CEO of Swisscom , Carsten Schloter " We are determined to withdraw from the list Fastweb and merger and 'option at our disposal, but no decision has' been taken on the matter. We are investors in the long period in Italy, which will continue to be our largest market after Switzerland. Swisscom will continue to work on the Italian market as a society 'with the Italian brand. FastWeb and' well positioned in Italy thanks to its infrastructure, to the mark and reputation and for this we use all the opportunities for growth. This means pushing on organic growth, but also look good for the market to play a role in the consolidation process. The delisting of Fastweb provides us with greater strategic flexibility to participate in this process .
This concludes the adventures of the Fastweb list of the Milan Stock Exchange and those who still believe in ' stock market investment for the long term enough to remember FastWeb that, then E. BISCOM , and was quoted € 160 back in March of 2000.
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