Telecom Italia said on Thursday it was unhappy with sweetened bids submitted by suitors for its fixed network, and set a final deadline of June 9 to receive an improved offer from at least one of the bidders.
Three sources with knowledge of the matter said KKR was willing to work further on its bid's terms. KKR declined to comment. Both approaches for TIM's most valuable asset remain well below the 31 billion euros sought by TIM's top investor Vivendi, which is calling on TIM to draw a line under the bidding process, given the yawning gap to what it thinks should be paid.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singaporeans share fond memories of the Esplanade library after news of its closure on June 30After more than 10 years of operation, the libraryesplanade will close on June 30 this year. The public library is the only one dedicated to the performing arts in Singapore and has a vast collection of resources from across different art disciplines like music, film, and theatre that visitors can borrow. The collection will be…
Source: YahooSG - 🏆 3. / 71 Read more »
Singapore Tourism Board to get new CEO on June 1Ms Melissa Ow will replace current STB chief executive Keith Tan. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »
Italy's government calls crisis meeting over surging pasta pricesThe cost of pasta products rose year-on-year by 17.5 per cent in March despite a drop in wheat prices. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Italian foreign minister calls off Paris trip after French ‘insults’Rome said France's interior minister had insulted Italy with comments that were highly critical of PM Meloni. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Dallas disrupted by hackers - courts closed, police and fire sites offlineHacker sabotage has disrupted several public services in Dallas, closing courts and knocking emergency services websites offline, officials said Thursday.Courts were closed Wednesday and will remain closed Thursday, the City of Dallas said in a series of statements posted to the web. Although the statemen
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Direct admission exercise for secondary schools, JCs starts May 4Applications for early admission to ITE and polytechnics start May 24 and June 5, respectively. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »