KKR Steps In To Bid For Telecom Italia Grid For Around €20B As Carrier Aims To Cut Debt
KKR Steps In To Bid For Telecom Italia Grid For Around €20B As Carrier Aims To Cut Debt
由於運營商的目標是削減債務，KKR介入以約200億歐元競標意大利電信電網
- Telecom Italia SpA (OTC:TIAOF) (OTC:TIIAY) received a multi-billion euro bid for a controlling stake in its fixed-line network from U.S. fund KKR & Co Inc (NYSE:KKR), the company said in a statement.
- TIM did not disclose the value of the non-binding bid, but a source familiar with the matter said it valued the infrastructure in the region of €20 billion.
- KKR, already an investor in Telecom Italia's network, made a non-binding takeover offer for the group late in 2021, which Telecom Italia eventually rejected.
- KKR's bid for the former Italian phone monopoly's grid would involve taking over a significant amount of debt, which accounts for about half the value of the offer, Bloomberg reported citing people close to the matter.
- Telecom Italia's board of directors are scheduled to meet later on Thursday to start reviewing the offer and to appoint advisers, they said. A final review could take some weeks, the report added.
- Telecom Italia seeks to sell the network to cut the company's more than €30 billion gross debt pile.
- The carrier has been holding talks with the government's financial arm for months. The government wants to retain control over the network, suggesting it might impose the golden share rules to block or limit foreign control over strategic assets.
- 意大利電信 SpA (OTC: TIAOF) (OTC: TIIAY) 收到了美國基金對其固定電話網絡控股權的數十億歐元出價 KKR & Co Inc. 紐約證券交易所代碼：KKR），該公司在一份聲明中表示。
- TIM沒有透露這項不具約束力的競標的價值，但一位熟悉此事的消息人士稱，其對基礎設施的估值約爲200億歐元。
- KKR已經是意大利電信網絡的投資者，他在2021年底向該集團提出了不具約束力的收購要約，但意大利電信最終拒絕了這一提議。
- 彭博社援引知情人士的話報道，KKR競標這家前意大利電話壟斷公司的電網將涉及接管大量債務，約佔報價價值的一半。
- 他們說，意大利電信董事會定於週四晚些時候舉行會議，開始審查該提議並任命顧問。報告補充說，最終審查可能需要幾周的時間。
- 意大利電信尋求出售該網絡，以削減該公司超過300億歐元的總債務。
- 該航空公司幾個月來一直在與政府的金融部門進行會談。政府希望保留對該網絡的控制權，暗示它可能會實施黃金份額規則，以封鎖或限制外國對戰略資產的控制。