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Telecom Italia S.p.A. (0H6I.IL)
- Reuters
KKR remedies on Telecom Italia deal expected next week, source says
U.S. investment firm KKR will likely offer remedies next week in an attempt to secure EU antitrust approval to buy Telecom Italia's (TIM) fixed-line access network, a person familiar with the matter said on Wednesday. KKR wants to acquire TIM's domestic network for up to 22 billion euros ($23.87 billion), making the Italian telecoms group the first in a major European country to divest its landline grid. The European Commission is now examining the deal, with a decision due by May 30.
- Reuters
REFILE-KKR remedies on Telecom Italia deal expected next week, source says
U.S. investment firm KKR will likely offer remedies next week in an attempt to secure EU antitrust approval to buy Telecom Italia's (TIM) fixed-line access network, a person familiar with the matter said on Wednesday. KKR wants to acquire TIM's domestic network for up to 22 billion euros ($23.87 billion), making the Italian telecoms group the first in a major European country to divest its landline grid. The European Commission is now examining the deal, with a decision due by May 30.
- Bloomberg
KKR Readies EU Remedies for €22 Billion Telecom Italia Deal
(Bloomberg) -- KKR & Co. is poised to offer a package of commitments aimed at winning an early European Union approval for its €22 billion ($23.8 billion) bid for Telecom Italia SpA’s land-line network.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksHims Debuts $199 Weight-
