TIM to finally start takeover talks with KKR

TIM has instructed its chairman and chief exec to begin formal talks with KKR on the proposed takeover deal, but this story is a long way from its conclusion still.
The Italian incumbent is still covering all bases. In an announcement that came late on Sunday, it made it clear that it is still pushing on with its recently-announced strategic plan, a key tenet of which is the legal separation of TIM into a services operation and a networks business, as well as exploring a possible merger with Ita