TIM Brasil sets price for $926 mln new share sale

Reuters - Brad Haynes, Gary Hill

The company, known as TIM Brasil and run by Telecom Italia (TLIT.MI), fixed a price of 8.60 reais per share for 200258368 new shares, compared with the stock's Tuesday close of 8.68 reais per share, down 3.6 percent on the day. ...