Milan: The board of Italian state lender CDP<\/a> said Sunday it backed making a joint non-binding offer with Macquarie Asset Management for the fixed network of Telecom Italia<\/a> (TIM<\/a>).

The offer will go up against a rival bid from US investment fund KKR, which last month made a 20-billion-euro ($21.2-billion) offer for a controlling stake.

The CDP-Macquarie offer for TIM's fixed business assets will expire on March 31.

\"The board has given its green light to the presentation of a non-binding offer,\" CDP -- in which the Italian state has an 82.7-percent stake -- said.

Telecom Italia later confirmed it had received the CDP offer.

The offer outbids the one made by KKR, according to a source who spoke on condition of anonymity.

The rightwing government of Prime Minister Giorgia Meloni has signalled its intention to create a publicly controlled nationwide network, regarding it as a strategic asset.

Telecom Italia is seeking to pare down a huge debt pile, which in December stood at some 25.4 billion euros.

CEO Pietro Labriola last June unveiled a strategic plan designed to achieve the splitting of the operator's landline network and its service activities.

Telecom Italia's board last month demanded KKR raise its bid by the end of March, as it sought out potential alternatives.

Telecom Italia's main shareholder, French media giant
Vivendi<\/a>, had set the bid bar high in valuing the Italian company at 31 billion euros.

KKR is already an investor in TIM's network, with a 37.5-percent stake in the Italians' fibre optic network unit, FiberCop, for which it paid 1.8 billion euros in 2021.

Rome, which can block unwanted interest in assets deemed strategic, in November under Meloni's predecessor
Mario Draghi<\/a> blocked an earlier CDP tilt for TIM following a preliminary accord between the state lender and the telecoms group.

That accord would have seen the TIM network merged with rival Open Fiber, in which CDP and Macquarie hold stakes of 60 and 40 percent respectively.
<\/p><\/body>","next_sibling":[{"msid":98438499,"title":"Homegrown companies on hiring spree as Big Tech sheds talent","entity_type":"ARTICLE","link":"\/news\/homegrown-companies-on-hiring-spree-as-big-tech-sheds-talent\/98438499","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":98438528,"entity_type":"ARTICLE","title":"State lender greenlights offer for Telecom Italia to counter KKR","synopsis":"The offer will go up against a rival bid from US investment fund KKR, which last month made a 20-billion-euro ($21.2-billion) offer for a controlling stake.","titleseo":"telecomnews\/state-lender-greenlights-offer-for-telecom-italia-to-counter-kkr","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":121,"shares":0,"engagementtimems":554000},"Alttitle":{"minfo":""},"artag":"AFP","artdate":"2023-03-06 07:32:15","lastupd":"2023-03-06 07:34:39","breadcrumbTags":["Telecom Italia","mario draghi","vivendi","CDP","TIM","Industry","telecom news","International"],"secinfo":{"seolocation":"telecomnews\/state-lender-greenlights-offer-for-telecom-italia-to-counter-kkr"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2023-03-06" data-index="article_1">

国家银行greenlight计数器KKR收购意大利电信

提供将会面对的竞争对手美国投资基金KKR,上个月做了一个200亿欧元(合21.2美元)收购控股权。

  • 更新2023年3月6日07:34点坚持
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士

米兰:意大利国家银行的董事会CDP周日说,它支持联合不具约束力的要约麦格理资产管理的固定网络意大利电信(蒂姆)。

提供将会面对的竞争对手美国投资基金KKR,上个月做了一个200亿欧元(合21.2美元)收购控股权。

蒂姆CDP-Macquarie提供的固定业务资产将于3月31日到期。

“董事会给了绿灯表示的不具约束力的要约,“CDP -意大利政府有82.7的股份——说。

意大利电信后来证实,已收到了CDP提供。

广告
要约出价高于由KKR,据一位不愿透露姓名的来源。

的右翼政府总理Giorgia梅洛尼已表示有意创建一个公开控制的全国性网络,对战略资产。

意大利电信正寻求削减一个巨大的债务,而12月站在约254亿欧元。

首席执行官皮特Labriola去年6月公布了一项战略计划旨在实现运营商的固定电话网络的分裂及其服务活动。

上个月意大利电信董事会要求KKR提高到3月底,寻找潜在的替代品。

法国媒体巨头意大利电信的主要股东维旺迪,报价栏高意大利公司估值在310亿欧元左右。

KKR已经一个投资者在蒂姆的网络,与意大利的37.5的股份FiberCop光纤网络单元,它在2021年支付了18亿欧元。

罗马,这可以阻止不必要的兴趣被视为战略资产,去年11月在梅洛尼的前任马里奥•德拉吉阻塞蒂姆初步协议后的CDP倾斜早些时候国家银行和电信集团之间。

协议就会看到蒂姆网络融合与竞争对手开放纤维,CDP和麦格理持有股份分别为60 - 40%。

  • 发布于2023年3月6日07:32点坚持
是第一个发表评论。
现在评论

加入2 m +行业专业人士的社区

订阅我们的通讯最新见解与分析。乐动扑克

下载ETTelec乐动娱乐招聘om应用

  • 得到实时更新
  • 保存您最喜爱的文章
扫描下载应用程序

Milan: The board of Italian state lender CDP<\/a> said Sunday it backed making a joint non-binding offer with Macquarie Asset Management for the fixed network of Telecom Italia<\/a> (TIM<\/a>).

The offer will go up against a rival bid from US investment fund KKR, which last month made a 20-billion-euro ($21.2-billion) offer for a controlling stake.

The CDP-Macquarie offer for TIM's fixed business assets will expire on March 31.

\"The board has given its green light to the presentation of a non-binding offer,\" CDP -- in which the Italian state has an 82.7-percent stake -- said.

Telecom Italia later confirmed it had received the CDP offer.

The offer outbids the one made by KKR, according to a source who spoke on condition of anonymity.

The rightwing government of Prime Minister Giorgia Meloni has signalled its intention to create a publicly controlled nationwide network, regarding it as a strategic asset.

Telecom Italia is seeking to pare down a huge debt pile, which in December stood at some 25.4 billion euros.

CEO Pietro Labriola last June unveiled a strategic plan designed to achieve the splitting of the operator's landline network and its service activities.

Telecom Italia's board last month demanded KKR raise its bid by the end of March, as it sought out potential alternatives.

Telecom Italia's main shareholder, French media giant
Vivendi<\/a>, had set the bid bar high in valuing the Italian company at 31 billion euros.

KKR is already an investor in TIM's network, with a 37.5-percent stake in the Italians' fibre optic network unit, FiberCop, for which it paid 1.8 billion euros in 2021.

Rome, which can block unwanted interest in assets deemed strategic, in November under Meloni's predecessor
Mario Draghi<\/a> blocked an earlier CDP tilt for TIM following a preliminary accord between the state lender and the telecoms group.

That accord would have seen the TIM network merged with rival Open Fiber, in which CDP and Macquarie hold stakes of 60 and 40 percent respectively.
<\/p><\/body>","next_sibling":[{"msid":98438499,"title":"Homegrown companies on hiring spree as Big Tech sheds talent","entity_type":"ARTICLE","link":"\/news\/homegrown-companies-on-hiring-spree-as-big-tech-sheds-talent\/98438499","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":98438528,"entity_type":"ARTICLE","title":"State lender greenlights offer for Telecom Italia to counter KKR","synopsis":"The offer will go up against a rival bid from US investment fund KKR, which last month made a 20-billion-euro ($21.2-billion) offer for a controlling stake.","titleseo":"telecomnews\/state-lender-greenlights-offer-for-telecom-italia-to-counter-kkr","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":121,"shares":0,"engagementtimems":554000},"Alttitle":{"minfo":""},"artag":"AFP","artdate":"2023-03-06 07:32:15","lastupd":"2023-03-06 07:34:39","breadcrumbTags":["Telecom Italia","mario draghi","vivendi","CDP","TIM","Industry","telecom news","International"],"secinfo":{"seolocation":"telecomnews\/state-lender-greenlights-offer-for-telecom-italia-to-counter-kkr"}}" data-news_link="//www.iser-br.com/news/state-lender-greenlights-offer-for-telecom-italia-to-counter-kkr/98438528">