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Telecom Italia preparing to set up fixed line network newco with KKR - CEO

2020-03-12 09:15:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) is preparing to set up a newco called 'FiberCop' for its fibre and copper last-mile network and sell 40 percent of it to private equity firm KKR, according to CEO Luigi Gubitosi. Speaking after the publication of TIM's full-year results, Gubitosi said the company expects to make decisive progress this year on plans to provide Italy with a nationwide ultra-fast broadband network and confirmed that separate discussions are underway with KKR and wholesale rival Open Fiber, leaving the door open to a "possible convergence" at the end of the process.

Tags: set line network fixed

 

Telecom Italia agrees to take on KKR as partner to roll out national fibre network

2020-02-28 09:13:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has selected US private equity firm KKR as an "exclusive partner" to help it roll out fibre-optic networks throughout Italy, confirming earlier reports. In a statement, the operator said its board had taken positive note of a non-binding proposal by KKR following a meeting to discuss the merger of its fibre-optic assets with those of wholesale rival Open Fiber.

Tags: national network partner italia

 
 

Coty Beauty to KKR?

2020-02-07 17:27:00| Happi Breaking News

Rumors swirl around troubled personal care business.

Tags: beauty coty kkr

 

KKR, Alberta Investment To Buy Majority Stake In Canada's Coastal GasLink

2019-12-26 14:27:01| OGI

Private equity firm KKR & Co. Inc. said on Dec. 26 it and Alberta Investment Management Corp. would jointly buy a 65% stake in TC Energy Corp.'s Coastal GasLink Pipeline in Canada.

Tags: buy investment majority alberta

 

KKR Makes Formal Approach to Walgreens Boots on Record Buyout

2019-11-11 17:10:00| National Real Estate Investor

The private equity firm has been working on a proposal to buy out shareholders of Walgreens Boots.

Tags: makes record approach formal

 

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