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Telecom Italia can finally find its new boss

2021-12-20T09:35:57.301Z


The succession file has placed another important file in the background: a possible takeover of the group by the investment fund KKR.


The new season of the Telecom Italia (TIM) saga can begin.

Its former CEO, dismissed as chief executive six weeks ago, has finally resigned as chairman of the board.

By doing so, Luigi Gubitosi removes the last obstacle that prevented the group from looking for a new CEO.

By the way, he should pocket a nice check for 6.9 million euros, as compensation.

See also

Telecom Italia falls on the stock market after the resignation of its boss

The succession file has placed another important file in the background: a possible takeover of the group by the investment fund KKR.

Luigi Gubitosi himself would have also requested the fund's offer.

The latter proposed 10.8 billion euros (33 billion with debt) to get their hands on TIM and requested access to the company's accounts with the aim of formalizing an offer.

However, this possible American incursion into the capital of the Italian historical operator is not to the taste of its main shareholder, the French ...

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Source: lefigaro

All business articles on 2021-12-20

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