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Shares in Telecom Italia soar after KKR's approach

Shares in Telecom Italia (TIM) rose as much as 30% on Monday, after U.S. fund KKR presented a non-binding proposal to buy Italy's former phone monopoly valuing it at 10.8 billion euros ($12 billion).

Italy , Milan , Lombardia , Rome , Lazio , France , French , Luigi-gubitosi , Valentina-za , Elvira-pollina , Marco-patuano , Thomson-reuters-trust-principles

TIM mulling bid for $1 billion Italian cloud hub project

TIM mulling bid for $1 billion Italian cloud hub project
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