Global buyout giant KKR has launched a €10.8bn buyout for Italy’s largest phone company Telecom Italia, Reuters reported. Together with the net debt of €22.5bn, the deal would value the company at an enterprise value of €33bn.
The post KKR launches buyout valuing Telecom Italia at €33bn, CVC and Advent remain open to options first appeared on AltAssets Private Equity News.
