November 25, 2021
MILAN (Reuters) – Telecom Italia CEO Luigi Gubitosi said Thursday that the group’s board of directors is ready to resign to allow KKR’s takeover offer to be evaluated more smoothly, ANSA news agency reports. rice field.
In a letter to board members, Mr. Gubitoshi added that the board should not postpone KKR’s bid decision as it may be interpreted as defending the interests of certain shareholders. rice field.
Vivendi, TIM’s top investor, couldn’t comment immediately.
(Report by Elisa Anzolin, edited by Maria Pia Quaglia)
TIM CEO is ready to leave to facilitate evaluation of KKR bids – ANSA
Source link TIM CEO is ready to leave to facilitate evaluation of KKR bids – ANSA