TIM loses one of its networks bidders

TIM’s hopes of bringing in a sizeable amount of cash for its networks business appear to have been seriously dented, with reports emerging that one of the bidders has pulled out.
The pairing of Cassa Depositi e Prestiti (CDP) and Macquarie Asset Management has decided to drop its offer for TIM’s network assets, currently dubbed NetCo, Bloomberg reported on Monday, citing unnamed sources.
It seems that the CDP/Macquarie tie-up has not only declined to increase its offer – as req