Exclusive-KKR set for unconditional EU antitrust okay for Telecom Italia deal, sources say

By Thomson Reuters May 24, 2024 | 3:38 AM

BRUSSELS/ROME (Reuters) – U.S. investment firm KKR is expected to gain unconditional EU antitrust clearance to buy Telecom Italia’s (TIM) fixed-line network after agreeing to keep commercial agreements with TIM rivals, people with direct knowledge of the matter said.

KKR did not offer remedies on Thursday, the deadline for doing so, according to an update on the European Commission site on Friday.

(Reporting by Foo Yun Chee in Brussels and Elvira Pollina in Rome; editing by David Evans)