Sunday, 03 July 2022

CVC presents bid for TIM’s enterprise unit

by Harry Baldock, Total Telecom
Monday 28 March 22

The British private equity fund is one of numerous suitors showing interest in TIM’s enterprise service unit, which could be separated from TIM's infrastructure unit as part of a proposed company restructure

In November last year, US investment fund KKR approached Italy’s largest operator TIM with a takeover bid worth €10.8 billion. Since then, TIM has been mulling over its response, with CEO Luigi Gubitosi stepping down in an attempt to accelerate the company’s response to the bid…

In November last year, US investment fund KKR approached Italy’s largest operator TIM with a takeover bid worth €10.8 billion. Since then, TIM has been mulling over its response, with CEO Luigi Gubitosi stepping down in an attempt to accelerate the company’s response to the bid…

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