TIM’s Network Asset Sale: Navigating KKR Deal Amid Vivendi Opposition and Regulatory Hurdles
The Italian telecommunications giant, TIM, is set to enter exclusive negotiations with the US investment fund KKR regarding the sale of its network assets. This move comes as private equity firm KKR wins over its rivals, CDP and Macquarie, in the bid for TIM’s fixed line networks business. TIM’s board has given CEO Pietro Labriola…