TIM NetCo Assets Bidding: CDP/Macquarie Withdrawal and KKR’s Valuation Challenges

Reports have recently emerged that the joint bid by Cassa Depositi e Prestiti (CDP) and Macquarie Asset Management for TIM’s network assets, known as NetCo, has been withdrawn. According to unnamed sources cited by Bloomberg, the CDP/Macquarie consortium has not only declined TIM’s request to increase its offer but has also stepped back from the…

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Microsoft-Activision Deal: Balancing Cloud Gaming Competition and EU Approval

Microsoft’s acquisition of Activision Blizzard, the largest in video game history, has been granted approval by European Union regulators, just weeks after the acquisition faced opposition from the UK’s Competition and Markets Authority (CMA). The European Commission’s investigation into the deal determined that Microsoft had “no incentive” to refuse the distribution of Activision’s games to…

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EllaLink & EXA Infrastructure: Bridging Europe and South America’s Digital Gap

EllaLink, a high-capacity fibre-optic submarine cable directly connecting Europe with South America, and EXA Infrastructure, the largest dedicated digital infrastructure platform connecting Europe and North America, have announced a unique joint transatlantic service. This collaboration aims to connect South America with the heart of Europe’s main business centres. Customers of both companies will benefit from…

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