KKR to finalize €22bn acquisition of Telecom Italia's network by summer 2024, backed by the Italian government.

KKR is set to finalize its €22bn ($24bn) acquisition of Telecom Italia SpA's network by summer 2024. The deal, backed by the Italian government, involves the buyout of TIM's fixed line network and is opposed by top investor Vivendi, which questions the sustainability of the remaining business. The network sale would be a first of its kind for European phone carriers.

March 14, 2024
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