(Finance) – The Board of Directors of TIM received an update on the status of the negotiations underway with Kohlberg Kravis Roberts (“KKR”) for the valorisation of NetCo and resolved unanimously among those present to grant the extension to 15 October, requested by KKR, of the exclusivity period for the presentation of the binding offer on NetCo.
The TIM group communicated this in a note at the end of today’s Board of Directors meeting.