The long-awaited €2.5bn ($3bn) flotation of telecommunications group 3 Italia - already delayed three months - has been delayed for a second time after the Italian market regulator said it would not approve the deal until next Tuesday at the earliest.

3 Italia missed a launch window last October because of disputes over the company's valuation and Italian regulatory issues.

Harry Wilson

JP Morgan

Morgan Stanley

Goldman Sachs

HSBC

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3 Italia float hit by second delay

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