KKR
TIM to hold formal KKR talks over takeover, explore Open Fiber merger
Telecom Italia (TIM), the dominant telecoms operator in Italy, has announced it will engage in formal talks with KKR over the US-based private equity firm’s takeover approach.
KKR ‘seeks PIF backing’ for Telecom Italia bid
US-based private equity firm KKR has approached Saudi Arabia’s Public Investment Fund to support its proposed takeover of Telecom Italia (TIM), the dominant telecoms operator in Italy, it has been reported.