CVC Capital Partners Plc is exploring a potential purchase of Vivendi SE’s stake in Telecom Italia SpA, people with knowledge of the matter said, which could pave the way for a takeover of Italy’s biggest telecommunications company.

CVC Capital Partners is considering purchasing Vivendi's stake in Telecom Italia, a move that could pave the way for a potential takeover of the Italian telecommunications company, Bloomberg News reported on Monday.

Private equity firm CVC Capital Partners is looking to buy Vivendi SE’s stake in Telecom Italia (NYSE:TIMB), Bloomberg reported Monday, citing people with knowledge of the matter. Sources told Bloomberg that CVC has held preliminary talks with Vivendi about buying its 24% stake in the Italian carrier’s common shares,