(ANSA) - MILAN, 18 DEC - Luigi Gubitosia is once again making the first move that triggers the Tim domino. The manager resigned from the board of directors, the last of 2021, a marathon of over 6 hours: he leaves the board of directors and the group and thus frees up a place to co-opt Pietro Labriola, already appointed general manager.
The ultimate goal is to accelerate the process of confrontation with Kkr, which is ready to put almost 40 billion on the table, between about 10 of the purchase offer and 30 for subsequent investments in the development of the network in the next 10/15 years, but for now the data room will not be opened and also for the appointment of Labriola as CEO it will be necessary to wait for the next board of directors, which cannot be ruled out shortly.
Gubitosi, who no longer had the trust of the first shareholder Vivendi, leaves without 'maxi' good exits but with a settlement of 6.9 million euros, driven by the same reason that had led him to renounce the daad proxies, or to accelerate a decision on Kkr .
From what emerges on the board of the board there are also other shelves. The board of directors and the ad-hoc committee are aligned on the way to proceed with the US fund and undertake to do so "in a timely and exhaustive manner". At the moment "a detailed assessment" of the expression of interest and "a comparative analysis of the same with respect to strategic alternatives and future prospects of the company are in progress, aimed at deciding, among other things, whether to give access to the due diligence requested by Kkr". (HANDLE).