KKR must first convince Chair Salvatore Rossi and the rest of Telecom Italia’s board that the offer is worth considering. Its bid of 50.5 euro cents per share in cash is slightly below where the ...

But with Telecom Italia’s equity now worth around 6.5 billion euros – less than when KKR first floated its 47.5% premium – there’s every chance it would have been overpaying.

KKR has an unusual private-equity pitch for Telecom Italia: It can help cut its debt load. The Italian telecommunications company said Thursday it received a non-binding offer for its ...

The deal would see the New York-listed fund KKR take control of Telecom Italia’s IT:TIT NetCo business after Italy’s top phone company put it up for sale, in its push to cut its burgeoning € ...

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 ...

MILAN (Reuters) – Telecom Italia (TIM) this week began a dialogue with U.S. private equity fund KKR over a takeover approach which has been put on hold since last November, ...

MILAN (Reuters) -Private equity firm KKR is eyeing a further investment in Telecom Italia's fixed-line network as Italy's main telecoms group weighs options for its assets to appease top investor ...

BRUSSELS/ROME (Reuters) - European Union antitrust regulators are asking rivals and customers whether proposed acquisition of Telecom Italia's (TIM) fixed-line access network by U.S. investment ...

KKR made separate offer on Telecom Italia’s Sparkle unit; The Telecom Italia SpA logo in the window of a store in Rome, Italy, on Tuesday, May 31, 2022. Photographer: Alessia Pierdomenico ...

Telecom Italia SpA agreed on Sunday to sell its land-line network to KKR & Co., a blockbuster €22 billion ($23.6 billion) deal backed by Italy’s government.

This file photo taken on March 29, 2019 shows the logo of Italian telecommunications company Telecom Italia (TIM) at the company’s headquarters in Rozzano, south of Milan.

MILAN/ROME (Reuters) - KKR has extended an offer for Telecom Italia's (TIM) prized landline grid by four weeks to March 24 at the behest of the Italian government, which is considering a potential ...