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TIM CEO is ready to leave to facilitate evaluation of KKR bids – ANSA

File Photo: The Tim logo will be seen at its headquarters in Rome, Italy, on November 22, 2021.Reuters / Yala Nardi / File Photo

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

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