The fixed telephony division of Telecom Italia, taken over by KKR for 19 billion euros

* The sale was decided by the company and #39;s Board of Directors, without being submitted for shareholders and #39; approval * The main shareholder of the company, Vivendi, considers the Board and #39;s decision illegal
Telecom Italia recently approved the sale of its landline network to US investment fund KKR for about 19 billion euros, becoming the first telecommunications group from a major European country to divest its landline network, according to Reuters.

Informatie preluata din publicatia "Bursa" - citeste integral articolul - click aici