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
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