“The American fund Kkr targets Tim”. This is what Corriere della Sera writes today, specifying that, “in the past few hours on the table of the president of the telephone group, Salvatore Rossi, an expression of interest has arrived from the US fund, already a shareholder of FiberCop, the company to which Tim moved the last mile of the telephone network, for the entire group “.
“Rossi – reads the newspaper article – has convened a council for today to communicate the proposal, which comes while the storm rages on the telephone group, with the first shareholder, the French media company Vivendi, which has set in motion to change the top management. Two weeks ago an extraordinary council was held to verify trust and in recent days several Tim’s advisers asked Rossi for a new meeting, initially called for next Friday 26 November but that the events of these hours risk making it less decisive “.
Il Corriere stresses that “the US fund is interested in all of Tim and, from what is learned, it would be willing to launch a public offer on the entire capital of the group, whose shares are at an all-time low. Through its diplomatic channels, Kkr in recent days he would have sounded the government, from which no indications would have come, as usual since Tim is a listed company “.
“It is conceivable – reads the article – that in the event of a takeover bid, the government will set up stakes to defend the network, both for the part contained in FiberCop and for the so-called ‘primary network’ left to Tim”, through the exercise of the golden power.