KKR, CVC Capital Partners considering teaming up to bid for Telecom Italia – Bloomberg News

kkr cvc capital partners considering teaming up to bid for telecom italia bloomberg news

Sumary of KKR, CVC Capital Partners considering teaming up to bid for Telecom Italia – Bloomberg News:

  • Co and CVC Capital Partners are considering teaming up on a bid for Italy-based Telecom Italia SpA, Bloomberg News reported https://bloom.
  • CVC Capital, KKR and Telecom Italia did not immediately respond to a Reuters request for comment.
  • Article content CVC has been studying a possible acquisition of Telecom Italia for several months, the people were quoted as saying in the Bloomberg News report, adding that the private-equity firms are still discussing the merits of teaming up for the joint bidding.
  • KKR has made a 10.8 billion euro ($12 billion) offer in the midst of a boardroom row between Telecom Italia CEO Luigi Gubitosi and the former Italian telecoms monopoly’s top investor Vivendi, Reuters reported on Thursday.

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