Abu Dhabi fund joins KKR in TIM network acquisition

TIM has signed the deal that will see KKR pick up its network assets next year, noting in the process that a major Emirati sovereign wealth fund will also be a part of the transaction.
The Italian incumbent revealed that it has signed the transaction agreement relating to NetCo – as announced over the weekend – with KKR’s Optics BidCo and the Abu Dhabi Investment Authority’s (ADIA’s) Azure Vista subsidiary. The deal covers the transfer of TIM’s primary network