KKR, CVC Capital in talks to jointly bid for Telecom Italia – Bloomberg News


FILE PHOTO: The Tim logo is seen at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara Nardi/File Photo

(Reuters) -KKR & Co and CVC Capital Partners are considering teaming up on a bid for Italy-based Telecom Italia SpA, Bloomberg News reported https://bloom.bg/3cNCTED on Thursday, citing people with knowledge of the matter.

The two private-equity firms have held exploratory talks about the potential for a joint offer, the report added, quoting people asking not to be identified as the talks are private.

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