MILAN, March 14 (Reuters) - KKR is pressing
ahead with preparatory activities for the buyout of Telecom
Italia's (TIM) fixed line network and working with other parties
towards the summer 2024 timeframe for finalising the deal, a
spokesperson for the U.S. fund said on Thursday.
Backed by the Italian government and worth up to 22 billion
euros ($24 billion), the deal is opposed by TIM's top investor
Vivendi, which has questioned the sustainability of the
remaining business and is fighting the sale in court.
($1 = 0.9186 euros)