GLONGHUI, May 16 | People familiar with the matter said that US investment company KKR may propose remedies next week to try to obtain anti-monopoly approval from the European Union to acquire TIM fixed network access networks owned by Italian telecom group Telecom Italia. KKR wants to buy TIM's domestic network at a price of up to 22 billion euros (about US$23.87 billion), making the Italian telecom group the first company in major European countries to divest its fixed telephone network. The European Commission is currently reviewing the deal and will make a decision by May 30. KKR must provide a remedy by May 23, or the EU competition enforcement agency will launch an investigation for up to four months after the initial review is completed. People familiar with the matter said that KKR is ready to provide remedies to dispel EU antitrust concerns and seek the green light in the EU's initial review.
KKR预计将于下周就收购意大利TIM国内网络做出补救措施
KKR is expected to remedy the acquisition of Italy's TIM domestic network next week
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