• 11/14/2024

Telecom Italia Accepts KKR’s $20 Billion Offer for Network Assets

Wall Street Journal

The board of Telecom Italia SpA has approved the sale of its fixed-line network to KKR & Co. for more than $20 billion, part of a plan by the former monopoly to reduce increasingly unmanageable amounts of debt.

https://www.wsj.com/articles/telecom-italia-board-accepts-kkrs-20-billion-offer-for-network-assets-b8cfe399