Italian telecoms business TIM authorizes acquisition deal by KKR financialinvestment fund

Italian telecoms business TIM authorizes acquisition deal by KKR financialinvestment fund

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Italian interactions business TIM states its board of directors hasactually authorized the binding acquisition deal by the KKR financialinvestment business

ByThe Associated Press

November 5, 2023, 4: 03 PM

ROME — Italian interactions business TIM stated Sunday that its board of directors hasactually authorized the binding acquisition deal by the KKR financialinvestment business, following months of settlements.

In a declaration, TIM stated the approval took the kind of a bulk vote. The deal presumes that the closing will happen by summertime2024

The

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