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by Cassa Depositi e Prestiti (CDP) and Macquarie Asset Management for TIM’s network assets, known as NetCo, has been withdrawn.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…