TIM again asks for more cash for networks unit

TIM is still not happy with the offers it has received for its network assets and has again asked the bidders to up their offers.
But while it seems that at least one of them will be willing to do so, any new offer could still be some way off the sum major shareholder Vivendi is looking for.
The Italian incumbent’s board of directors met on Thursday to discuss the two offers on the table for NetCo, one from a consortium of CdP Equity and Macquarie Infrastructure and Real Assets (Europe), a