(AOF) – Today is the meeting of the board of directors of Telecom Italia, to study the takeover offer of KKR and decide the fate of its managing director, Luigi Gubitosi. According to information from Bloomberg, the American private equity fund is considering joining forces with its competitor CVC Capital Partners, “which would allow sharing the financial burden of the largest leveraged buyout operation ever carried out in Europe”, writes the Press Agency. In addition, Luigi Gubitosi is said to be ready to resign to speed up the buyout process.
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