Evaluating KKR’s Stake Proposal in Telecom Italia’s NetCo
Last week, the investment firm KKR took a significant step forward in its pursuit of a stake in Telecom Italia’s (TIM) anticipated NetCo, which encompasses the company’s fixed-network. While specific financial details were not disclosed, it’s believed that KKR values the assets at roughly $23 billion. On the other hand, Vivendi, TIM’s largest shareholder, thinks…