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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,因此 KKR 步入競標意大利電信電網的價格約 20 億歐元
Benzinga Real-time News ·  2023/02/03 20:51
  • 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.
  • 意大利电信 OTC: TIAF) (OTC: TIIAY) 從美國基金獲得數十億歐元的投標,買入其固網網絡中的控股權 KKR 股份有限公司 紐約證券交易所代碼:KKR),該公司在一份聲明中表示。
  • TIM 沒有透露非約束性出價的價值,但熟悉此事的消息人士表示,它對該地區的基礎設施進行了估值 200 億歐元。
  • KKR 已經是意大利電信網絡的投資者,於 2021 年底為該集團提出了無約束力的收購要約,意大利電信最終拒絕了。
  • 彭博社報導,KKR 對前意大利手機壟斷網格的出價將涉及接管大量債務,這佔了要約價值的一半左右。彭博社報導,援引與此事接近的人。
  • 他們表示,意大利電信的董事會定於週四晚些時候開會,開始審查報價並任命顧問。報告補充說,最終審查可能需要幾週時間。
  • 意大利電信試圖出售該網絡,以削減公司超過 300 億歐元的總債務堆。
  • 該航空公司已經與政府的財務部門進行了談判幾個月。政府希望保留對網絡的控制權,這表明它可能會施加黃金份額規則來阻止或限制外國對戰略資產的控制權。

譯文內容由第三人軟體翻譯。


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