Vivendi Fights for Telecom Italia Board Seats Ahead of Vote

  • French investor said to be open to increasing its stake
  • Campaign for board seats to face opposition at meeting Tuesday

Vivendi SA is stepping up a fight to gain board seats and influence at Telecom Italia SpA, seeking to block the Italian carrier’s attempt to dilute its stake and not ruling out an increase in its holding, according to people familiar with the matter.

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