KKR puts forward offer to buy Telecom Italia's fixed-network business

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Louis Goss is a MarketWatch reporter based in London.

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 network business for an undisclosed sum.

The New York fund’s offer for NetCo is now valid until Nov. 8, with the possibility to extend negotiations until Dec. 20. KKR’s binding offer means the investment fund will be legally obliged to buy NetCo if Telecom Italia accepts its terms. The offer comes after Italy’s Treasury in Aug. signed a memorandum of understanding with KKR through which the Italian government would take a stake of up to 20% in NetCo as part of a possible deal.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости