(Reuters) - MILAN, April 11 - The number of potential bidders for Telecom Italia narrowed after no new major shareholders emerged late on Tuesday, sending shares of Europe's No. 5 telecoms group lower in Milan on Wednesday. Shares of Telecom Italia fell 1.4 percent to 2.35 euros at 0739 GMT in Milan, underperforming the S&P/MIB index , down 0.1 percent.
Following a request by Italy's bourse regulator Consob, most of Telecom Italia's top shareholders said their stakes were unchanged despite intense trading in the stock last week when 20 percent of the capital exchanged hands.
Read more at Reuters.com Mergers News
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