Telecom Italia (TIM) said it would start formal talks with KKR to assess the U.S. fund’s potential 10.8 billion euro ($11.8 billion) offer for Italy’s mobile network operator, almost four months after the approach.
TIM Chairman and CEO Salvatore Rossi will guide the company in assessing the takeover attempts by KKR.
TIM to start talks with KKR to assess $11.8 bn offer
More like thisRelated
Jio strengthens market dominance with stellar subscriber growth in April-2025
Jio is the clear market leader across multiple fronts...
Vodafone fiscal-2025 revenue, subscriber growth, strategies
Vodafone said its revenue increased by 2 percent to...
IDC’s views on telecom and pay TV services market forecast
IDC forecasts worldwide spending on telecom services and pay...
Vodafone CFO Luka Mucic steps down
Vodafone’s Chief Financial Officer Luka Mucic is stepping down...