US firm KKR offers remedies for EU antitrust approval of its €22bn Telecom Italia acquisition.
US investment firm KKR is expected to offer remedies next week in an attempt to secure EU antitrust approval for its €22 billion acquisition of Telecom Italia's (TIM) fixed-line access network. The European Commission is currently examining the deal and a decision is due by May 30. KKR may offer remedies to allay EU antitrust concerns and maintain existing contracts, which could lead to early approval of the deal in June.
May 15, 2024
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