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10 months ago

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Breakingviews - Telecom Italia grid talks leave Vivendi in a bind

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Breakingviews - Telecom Italia grid talks leave Vivendi in a bind

Telecom Italia is moving ahead with the long-awaited sale of its grid. The 5.5 billion euro Italian group has entered exclusive talks with private equity powerhouse KKR , and wants a binding offer by Sept. 30. Top investor Vivendi is playing hardball again on price. But without a Plan B, it's time for the French media group to drop the fight.

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Breakingviews - Telecom Italia grid talks leave Vivendi in a bind

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Breakingviews - Telecom Italia grid talks leave Vivendi in a bind

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