TIM network, two new offers have arrived from CDP-Macquarie and KKR

TIM good reopening of 400 million bond issued in January

(Finance) – As part of the competitive process relating to Netco, today we received two new non-binding offers presented, respectively, by the consortium formed by CdP Equity and Macquarie Infrastructure and Real Assets (Europe) Limited, acting on behalf of a group of investment funds managed or advised by the Macquarie group, and by Kohlberg Kravis Roberts (KKR).

Lets know TIM with a note adding that the two non-binding offers will be examined by the Telephone Group’s Board of Directors in the meetings scheduled for the next 19 and 22 June, subject to preliminary investigation by the Related Parties Committee.

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