KKR receives EU antitrust clearance for Telecom Italia's fixed-line acquisition, agreeing to maintain deals with rivals.

KKR, a US investment firm, is set to receive EU antitrust clearance for its acquisition of Telecom Italia's fixed-line network, after agreeing to maintain commercial deals with TIM's rivals. The deal, which aims to be completed this summer, was valued at up to €18.8 billion. Regulators have recently questioned telecom rivals on potential impacts on wholesale prices and network quality.

May 24, 2024
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