Now the non-binding offers to purchase NetCo, the company of Team which will include both the network infrastructural that Sparkle, they are two. This was announced by an official note from Tim itself which announces that it has officially received the two offers which will be examined by the Board of Directors of the telephone company in the already scheduled meetings of 19 and 22 June next, "subject to preliminary investigation by the Related Party Committee".
The first offer is the already known one from the American fund KKR, but the second represents the real novelty of the day, even if expected, and is that of Cdp Equity who takes the field together with the Australian fund Macquarie.
Now Tim will evaluate whether they are actually improvements compared to the previous offers, which were around 20 billion euros, and whether or not the conditions exist to arrive at a choice between the two proposals and a consequent binding negotiation. Unless, during the selection process, the two consortiums decide to join, as has been suggested several times. In short, the games are on and the goal is the sale of the network, imagined by Tim's CEO Peter Labriola and also appreciated byEconomist, it's not around the corner yet but something is finally moving.
