The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Thursday: ** Telecom Italia SpA Chairman Franco Bernabe is likely to win a green light from the board to deepen talks with a Hong Kong-based conglomerate said to be targeting 29.9 percent of the Italian group, sources familiar with the situation said.** Protective Life Corp agreed to purchase a portfolio of old policies from French insurer AXA SA's U.S. business for $1.1 billion, with the aim of squeezing more value out of them.
Insurance holding company.
Shares of TI remained unchanged at $7.84. In the past year, the shares have traded as low as $6.82 and as high as $11.59. On average, 400095 shares of TI exchange hands on a given day and today's volume is recorded at 1000.
Shares of TI-A remained unchanged at $6.89. In the past year, the shares have traded as low as $5.96 and as high as $9.43. On average, 186207 shares of TI-A exchange hands on a given day and today's volume is recorded at 0.
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