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Telecom Italia approves US fund's bid for network
Telecom Italia approves US fund's bid for network
Economy
by  AFP

Telecom Italia on Sunday approved an offer by US investment fund KKR for its fixed-line network, infuriating its main shareholder which vowed to contest the "illegal" decision. Vivendi said it would "use all legal means at its disposal" to contest TIM's "illegal" decision.