Express News | Starlink (Starlink), a subsidiary of Musk, accuses the Italian telecommunications company Telecom Italia SPA/Milano of obstructing its business promotion (in the Italian market).
Telecom Italia Plunges as Optimistic Growth Forecast Questioned
Telecom Italia SpA shares tumbled the most in two years on Thursday as financial targets the phone carrier set in its new three-year business plan were seen as overly optimistic after it sells its most valuable asset.
KKR (KKR.US) will announce the final purchase offer for Telecom Italia's telephone network by the end of the week
According to reports, US private equity firm KKR & Co. will soon submit a final purchase offer for its telephone network to Telecom Italia SpA (TIAJF.US). This deal will have a major impact on this former monopoly, which is mired in debt distress.
KKR Steps In To Bid For Telecom Italia Grid For Around €20B As Carrier Aims To Cut Debt
Telecom Italia SpA (OTC:TIAOF) (OTC:TIIAY) received a multi-billion euro bid for a controlling stake in its fixed-line network from U.S. fund KKR & Co Inc (NYSE:KKR), the company said in a statement.T
Express News | US private equity KKR requested the Italian government to intervene in the company's acquisition of Telecom Italia SpA (Telecom Italia SpA).
What is the impact of the upcoming Italian election on financial markets?
When Mr Draghi became prime minister in February 2021, Mr Draghi injected some confidence into the country's frustrated markets, the Zhitong Financial APP learned. He pushed for reform and established a strong relationship with the European Union. Now he is leaving office, adding to investor concerns about the country's assets. The right-wing coalition is widely expected to win the Italian election on Sunday, creating new uncertainty for investors already worried about rising interest rates, energy austerity and a potential recession. Such an outcome could raise doubts about the path of reform, which is a condition for Italy's access to EU funds to accelerate recovery from the epidemic. Ol
KKR & Co (KKR.US) asked Telecom Italia (TIAJF.US) to provide the best opportunity to reaffirm its interest in acquisition.
According to people familiar with the matter, KKR & Co (KKR.US), a US investment firm, once again asked Telecom Italia SpA (TIAJF.US) to conduct due diligence on the company and reiterated its interest in the company, according to APP of Zhitong Finance. The request is contained in a letter and is expected to reach Telecom Italia as early as Wednesday. It is reported that KKR & Co offered 10.8 billion euros for the company in November last year. KKR & Co also pointed out in the letter that go by yourself.
Telecom Italia names Pietro Labriola as CEO
Telecom Italia (OTCPK:TIAJF) has appointed Pietro Labriola as its new chief executive officer. Labriola is a seasoned telecoms expert, having served at France Telecom and Cable&Wireless before jo
Telecom Italia CEO Resigns as Board Reviews KKR Offer
By Kim Richters Telecom Italia SpA said late Friday that Chief Executive Officer Luigi Gubitosi resigned from his position and the telecommunications company would start to examine a takeover
KKR, CVC Capital Partners considering teaming up to bid for Telecom Italia – Bloomberg News
Nov 25 (Reuters) - KKR & Co KKR.N and CVC Capital Partners are considering teaming up on a bid for Italy-based Telecom Italia SpA TLIT.MI , Bloomberg News reported on Thursday, citing people wi
Telecom Italia Shares Surge After Report That KKR Is Mulling Higher Takeover Bid
By Mauro Orru and Olivia Bugault Shares in Telecom Italia SpA jumped Wednesday after a report that KKR & Co. is considering increasing its bid to take the telecommunications company private
ADRs End Lower; Telecom Italia, Ericsson Among Companies Actively Trading
By Kimberly Chin International stocks trading in New York closed lower Monday. The S&P/BNY Mellon index of American depositary receipts fell 0.8% to 161.28. The European index tumbled
KKR Offers To Takeover Telecom Italia At 46% Premium
KKR & Co Inc (NYSE:KKR) has offered to acquire Telecom Italia SpA (OTC:TIIAY) for €10.8 billion ($12 billion), including €29 billion in gross debt, Reuters reports. The purchase price of €0.505 im
Market Talk Roundup: KKR Makes Takeover Bid for Telecom Italia
U.S. private equity giant KKR & Co. has made a EUR10.8 billion offer to purchase Telecom Italia SpA, Italy's largest phone company, and take it private. Telecom Italia's shares rise sharply on
KKR makes $12 billion bid to take Telecom Italia private
By Mike Murphy U.S. private equity giant KKR & Co. Inc. has made a 10.8 billion euro (US$12 billion) offer to purchase Telecom Italia SpA -- Italy's largest phone company -- and take it pri
Telecom Italia Lowers 2021 Targets After 3Q Profit, Revenue Fall
By Mauro Orru Telecom Italia SpA said late Wednesday that net profit and revenue fell in the third quarter, and slashed its targets for the year. The Italian telecommunications company said
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