TIM confirms potential NetCo sale delay

KKR wants more time to submit a final offer for TIM’s networks business, leaving the Italian incumbent facing yet another delay in the sale process.
To the untrained eye that could look like bad news. But we saw it coming – there have been rumblings in the Italian press over a possible delay for the past week or so – and a slightly later bid deadline could actually indicate that the process is progressing well, rather than signifying trouble in the ranks.
TIM at the weekend con