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Italy green lights Telecom Italia's massive $24bn network sale to KKR

The transaction is an example of how private equity can play a role in the strategic decisions and financial health of major corporations, all while maintaining a level of state oversight to protect national interests.

By João Marques Lima

Founder and Editor, The Tech Capital

2 Mins

January 23, 2024 | 2:00 AM GMT

The Italian government has given its approval for the substantial €22 billion (US$23.9 billion) sale of Telecom Italia SpA's hardwired network to American private equity firm KKR & Co.

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João Marques Lima

Founder and Editor, The Tech Capital

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