Telecom Italia Agrees to €19B Sale of Fixed-Line Network to KKR
Telecom Italia (TIM) has approved the sale of its fixed-line network to the US private equity firm KKR in a deal valued at around €18.8 billion including debt, with potential to rise to approximately €22 billion under certain conditions. This transaction is notable because TIM becomes the first major European telecom operator to divest its … Read more