Deals
KKR Confirms Telecom Italia Network Deal Set to Close in Summer
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KKR & Co. confirmed its planned €22 billion ($24 billion) acquisition of Telecom Italia SpA’s network is set to close in the summer, in a bid to reassure investors over the completion of the deal.
“All parties are still working against the summer 2024 timeframe for closing,” a spokesperson for KKR said. Equity and debt financing for the transaction has been finalized, they added.