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
What’s the size of telecom and pay TV spending market in 2024?
Worldwide spending on telecommunications and pay TV services is...
Australia reviews Vocus’ $3.39 bn takeover of TPG’s fixed assets
Vocus Group, backed by Macquarie, is set to acquire...
Who’s Brendan Carr, the next FCC chairman
President-elect Donald Trump has selected Brendan Carr, the current...
T-Mobile targeted in Chinese cyber-espionage campaign
T-Mobile US, one of the leading telecom operators in...