Poste Italiane reopens Telecom Italia tender at €1.97 plus 0.218 Poste shares

The input supports a concrete, forward-looking takeover milestone: Poste Italiane reopened a dated acceptance window for Telecom Italia and revised the cash-and-share consideration while pursuing roughly 90% ownership. The most specific development type is merger_acquisition because the action is a tender offer seeking increased control. The reopening date is explicitly September 21, 2026, but no intraday occurrence time is provided, so 00:00 UTC is used as a date-level normalization and timestamp confidence is lower than overall factual confidence. The €13 billion package figure is omitted because it appears in an AI-generated recap and conflicts with another supplied figure for the implied monetary value. Importance is high because the development can change control, squeeze-out, and delisting probabilities, while surprise is moderate because it continues an existing tender-offer storyline. Poste Italiania and Telecom Italia are direct stakeholders; BNP Paribas and Mediobanca are also approved because the supplied context explicitly identifies them as arranging additional financing for the revised offer. The development is distinct from the prior 66.6% stake result but clearly continues existing event 4161, so it is not a duplicate and should be approved.