TIM, KKR: ready to dialogue with board on offer for Netco

TIM Fitch performance improves possible Outlook change

(Finance) – The US fund kkr extensionthrough one of his spokespersons, he claims to welcome the release of the board of directors of TIM in connection with our non-binding offer submitted on February 1, 2023 to purchase a stake in the company called Netco”.

The US giant is said “ready to talk to the board to cooperate in compliance with TIM’s strategic objectives”.

In the afternoon, the board of directors of the former monopolist had said that they “highly appreciated the interest expressed” by KKR in the network, but added that the non-binding offer “does not fully reflect the value of the asset and TIM’s expectations”.

Title today Telecom Italy took home a +1.36%making it one of the best in the FTSE MIB.

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