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Tim: Giorgetti, with Kkr initial process, no takeover bid launched

2021-12-02T13:48:28.048Z


After the proposal put forward by Kkr we find ourselves in a "process in its initial stages which has not yet given rise to the launch of a takeover bid against Tim". (HANDLE)


(ANSA) - MILAN, 02 DEC - After the proposal made by Kkr we find ourselves in a "process in its initial stages which has not yet given rise to the launch of a takeover bid against Tim".

This was said by the Minister of Economic Development, Giancarlo Giorgetti, during a briefing to the Chamber of Deputies on the Tim affair.

"Kkr's proposal - he added - is not binding".

"The Government is following the dossier with great attention. The path is at the beginning and we are not yet in the condition to take initiatives. If Kkr launches the takeover bid, a procedure is activated with the evaluation of the GoldenPower discipline", explained the minister.

(HANDLE).


Source: ansa

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