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TIM Group Announces Non-binding Offer From KKR For Stake In Company
(RTTNews) - TIM Group (TIAOF.PK, TI) announced Thursday that it has received a non-binding offer from KKR & Co., Inc. (KKR) for the purchase of a stake in a company to be set up that matches with the fixed-line network management and infrastructure perimeter, including FiberCop's assets and activities, as well as the stake in Sparkle, known as Netco.
The offer refers to a stake to be defined, on the understanding that the purchase would result in the loss of vertical integration in relation to TIM.
The Board of Directors will meet today to begin the process of examining the non-binding offer.
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Aon To Acquire USI Insurance Services From KKR For $17 Bln Cash
Professional services firm Aon Plc announced Monday its agreement to acquire insurance brokerage USI Insurance Services from private-equity firm KKR & Co. Inc. in an all-cash transaction valued at about $17 billion. With the acquisition, the Irish risk management provider aims to advance its presence in the more than $40 billion U.S. middle-market segment, and to extend its capabilities across...
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KKR To Invest $750 Mln In London-based Zenobe
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U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected
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