Telecom Italia approves KKR’s $20 billion grid bid in blow for Vivendi

Reuters exclusively reported that Telecom Italia (TIM) (TLIT.MI) on Sunday approved the 19-billion-euro ($20 billion) sale of its fixed-line network to U.S. private equity firm KKR (KKR.N), becoming the first telecoms group in a major European country to part ways with its landline grid. 

The post Telecom Italia approves KKR’s $20 billion grid bid in blow for Vivendi appeared first on Reuters News Agency.

 

Source: Reuters News Agency 

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