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KKR to notify EU of TIM network buyout by end of January -sources

MILAN (Reuters) -KKR plans to notify the European Union's antitrust authorities by the end of January of its planned buyout of Telecom Italia's (TIM) fixed access network, two sources close to the matter said on Monday. Italy's former phone monopoly agreed in November to sell its prized landline grid to the U.S. fund in a deal worth up to 22 billion euros ($24 billion) that is aimed at significantly reducing TIM's debt and staff. While supported by the Italian government, w...
Elvira Pollina Alexander Smith Eu Commission European Union Telecom Italia Antitrust Authorities
Source: yahoo.com

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