ILUSTRASI. The chances of the U.S. fund KKR pushing ahead with a firm bid for Telecom Italia (TIM) faded. REUTERS/Stefano Rellandini /File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH 'BUSINESS WEEK AHEAD 31 OCT' FOR ALL IMAGES
Sumber: Reuters | Editor: Anastasia Lilin Yuliantina
KONTAN.CO.ID - MILAN. The chances of the U.S. fund KKR pushing ahead with a firm bid for Telecom Italia (TIM) faded. Two sides deadlocked on Tuesday over access to the company's books.
KKR has told TIM, it cannot confirm its 10,8 billion euro (US$ 11,9 billion) bid unless Italy's biggest telecoms group provides access to its data under a due diligence process. According to two sources with knowledge of a KKR letter to TIM's board.
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