TIM mulls new CEO as KKR invites Saudi wealth fund to join takeover bid

In November last year, US investment fund KKR submitted a bid to acquire Italy’s largest operator, TIM, for a sum of €10.8 billion. 
The motivation behind the bid was fairly clear, with analysts suggesting that KKR would seek to spin off TIM’s valuable fibre infrastructure at a time when these assets are proving extremely valuable all over the globe…

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