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Market Chatter: KKR's Telecom Italia Deal Faces Scrutiny by EU Regulators
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Market Chatter: KKR's Telecom Italia Deal Faces Scrutiny by EU Regulators
Apr 23, 2024 11:42 AM

02:21 PM EDT, 04/23/2024 (MT Newswires) -- KKR's (KKR) proposed acquisition of Telecom Italia's fixed-line access network is under scrutiny by European Union antitrust regulators for effects on the wholesale market, who are seeking feedback from rivals and customers in Italy, Reuters reported Tuesday.

Respondents were given until April 30 to reply to 79 questions in a document sent Monday by the European Commission, according to the report, citing people familiar with the matter.

The commission and KKR declined to comment to Reuters.

Both did not immediately reply to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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