CDP
OpenCalais Metadata: Ticker
OpenCalais Metadata: LegalName
CDP Equity S.p.A.
State lender greenlights offer for Telecom Italia to counter KKR
The board of Italian state lender CDP said on March 5 it backed making a joint non-binding offer with Macquarie Asset Management for the fixed network of Telecom Italia (TIM).
The offer will go up against a rival bid from U.S. investment fund KKR, which last month made a 20-billion-euro ($21.2-billion) offer for a controlling stake.
100 Companies are Responsible for 71% of Global Emissions
About 100 companies have been responsible for about 71% of the world's greenhouse gas emissions.
That's according to a new report from climate change non-profit CDP in conjunction with the Climate Accountability Institute. The report hopes to highlight the role such companies, and their investors, play in Climate Change.