12:08 PM EDT, 05/30/2024 (MT Newswires) -- KKR (KKR) received unconditional approval from the European Commission for its acquisition of NetCo, which includes primary and backbone fixed-line network business of Telecom Italia and FiberCop, the regulator said Thursday.

The transaction will not raise competition concerns in the European Economic Area and will not significantly reduce level of competition in the wholesale broadband access services in Italy, according to the commission.

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