US investment firm plans to take over Telecom Italia
RIYADH: KKR & Co, an American global investment company, plans to buy all of Telecom Italia, Bloomberg reported, citing sources familiar with the matter. The move aims at revamping the Italian telecommunications company that’s seen its market value fall more than 8 per cent to €7.4 billion ($8.4 billion) this year. The US company plans to separate … Read more