Tiscali SPA (IT:TSL) has released an update.
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Tessellis S.p.A. has issued 10 convertible bonds valued at 1 million euros to Nice & Green S.A., as part of a larger investment agreement allowing for a maximum of 62 million euros. This move is a step in Tessellis’s strategy to strengthen its financial position and support its business areas, including ultrabroadband services and its news portal.
For further insights into IT:TSL stock, check out TipRanks’ Stock Analysis page.