TIM, no decision on offers for Netco. Exam ends June 22nd

CDP board of directors ok with new offer for TIM

(Finance) – As already communicated on 9 June, the board of directors of TIM will complete the bidding review for Netco in the scheduled meeting next Thursday (June 22)and therefore “at present, no decision has been taken”.

You read it in one Note of the former monopolist, after they went out during the day rumors of press on the fact that TIM was ready to start negotiations with kkr extensionas the US fund’s offer would be preferable to that presented by the consortium led by Cassa Depositi e Prestiti (CDP).

TIM reminds you that the BoD met today, chaired by Salvatore Rossi, to examine, as part of the competitive process relating to Netco, the two non-binding offers submittedrespectively by the consortium formed by CDP Equity and Macquarie, and by KKR.

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