MILAN—The chances of the U.S. fund KKR pushing ahead with a firm bid for Telecom Italia (TIM) faded, with the two sides deadlocked on Tuesday over access to the company’s books. KKR has told TIM it cannot confirm its 10.8 billion euro ($11.9 billion) bid unless Italy’s biggest telecoms group provides access to its data…
KKR’s Bid for Telecom Italia Deadlocked Over Due Diligence
April 6, 2022
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