MQG News: RPT-Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say - 16th May 2023, 3:51pm

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(Repeats story from late on Monday, no changes to text)

By Elvira Pollina and Giuseppe Fonte

MILAN, May 15 (Reuters) - Australian fund Macquarie is raising legal hurdles over a plan backed by Italy's Treasury for state lender CDP to join forces with U.S. fund KKR in a deal to buy Telecom Italia's landline grid (TIM) , three sources said on Monday.

TIM directors have set a final deadline of June 9 for potential improved offers by the U.S. private equity firm and a rival consortium comprising C...

>>> Read more: RPT-Macquarie raising hurdles to CDP joining KKR bid for Telecom Italia grid, sources say
 
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