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TIIAY / Telecom Italia boosted by rival offer for landline grid

Telecom Italia boosted by rival offer for landline grid
Telecom Italia (TIM) shares rose as much as 5% on Monday after Italian state investor CDP and Australian fund Macquarie submitted a joint bid for the former phone monopoly's grid, rivalling an approach by U.S. firm KKR. Read More
Posted: Mar 6 2023, 03:20
Author Name: Reuters
Views: 111872

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Telecom Italia reviews KKR's bid as rival plan emerges

By Reuters
November 3, 2023

Telecom Italia reviews KKR's bid as rival plan emerges

Telecom Italia (TIM) directors will on Friday begin assessing a multi-billion euro bid for its fixed-line grid from U.S fund KKR, part of a government more_horizontal

KKR puts forward offer to buy Telecom Italia

By Market Watch
October 16, 2023

KKR puts forward offer to buy Telecom Italia

Telecom Italia on Monday said multi-billion-dollar investment fund KKR had put forward a binding offer to buy out the Italian phone company's fixed ne more_horizontal

Telecom Italia receives KKR bid for landline grid

By Reuters
October 16, 2023

Telecom Italia receives KKR bid for landline grid

Telecom Italia (TIM) has received a binding bid from U.S. fund KKR for its main fixed access network, the company said on Monday. more_horizontal

KKR prepares binding bid for Telecom Italia's grid as deadline looms

By Reuters
October 13, 2023

KKR prepares binding bid for Telecom Italia's grid as deadline looms

U.S. fund KKR is preparing to submit a multibillion euro bid for Telecom Italia's (TIM) landline grid by a deadline on Sunday as part of a government- more_horizontal

Explainer: What's at stake in Telecom Italia grid deal?

By Reuters
September 25, 2023

Explainer: What's at stake in Telecom Italia grid deal?

U.S. fund KKR and the Italian Treasury have teamed up to buy Telecom Italia's (TIM) landline grid, in a deal that could ultimately be worth about 23 b more_horizontal

KKR asks Telecom Italia to extend deadline for grid bid

By Reuters
September 22, 2023

KKR asks Telecom Italia to extend deadline for grid bid

U.S. fund KKR has asked Telecom Italia (TIM) to push back a Sept. 30 deadline to submit a multi-billion euro binding offer for the phone group's landl more_horizontal

Italy, KKR want more time to bid for Telecom Italia's grid, sources say

By Reuters
September 20, 2023

Italy, KKR want more time to bid for Telecom Italia's grid, sources say

U.S. fund KKR and Italy's Treasury are set to ask Telecom Italia (TIM) for extra time to arrange a joint multi-billion-euro offer for the telecoms gro more_horizontal

Italy Backs Meloni Activist Push on Telecom Italia Deal

By Bloomberg Markets and Finance
August 29, 2023

Italy Backs Meloni Activist Push on Telecom Italia Deal

Italy approved an effort by Prime Minister Giorgia Meloni to assert more control over strategic assets, empowering the state to take as much as a 20% more_horizontal


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