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.