KKR launches buyout valuing Telecom Italia at €33bn, CVC and Advent remain open to options
Mon, November 22, 2021AltAssets
Global buyout giant KKR has launched a €10.8bn buyout proposal for Italy’s largest phone company Telecom Italia, Reuters reported. Together with the net debt of €22.5bn, the deal would value the company at an enterprise value of €33bn.