{"id":28046,"date":"2023-04-28T15:19:09","date_gmt":"2023-04-28T15:19:09","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/tim-to-seek-new\/"},"modified":"2023-04-28T15:20:33","modified_gmt":"2023-04-28T15:20:33","slug":"tim-to-seek-new","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/tim-to-seek-new\/","title":{"rendered":"TIM to seek new round of higher bids for landline grid &#8211; sources"},"content":{"rendered":"<p>MILAN (Reuters) &#8211;     Telecom Italia (TIM)&#8217;s CEO Pietro Labriola is expected to propose to directors to seek further improvements of multi-billion bids for the company&#8217;s landline grid at a board meeting on May 4, two sources familiar with the matter said on Friday.<\/p>\n<p>Rival suitors KKR and a consortium comprising Italian state lender CDP and Macquarie have offered 21 billion euros ($23.2 billion) and 19.3 billion euros respectively, each raising their initial offers by one billion euros.<\/p>\n<p>($1 = 0.9057 euros)<\/p>\n<p \/>\n<p> (Reporting by Milan newsroom; writing by Giulio Piovaccari, editing by Alvise Armellini)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/tim-to-seek-new\/illustration-shows-telecom-italia-tim-logo\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3R0SC-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ3R0SC-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MILAN (Reuters) &#8211; Telecom Italia (TIM)&#8217;s CEO Pietro Labriola is expected to propose to directors to seek further improvements of multi-billion bids for the company&#8217;s landline grid at a board meeting on May 4, two sources familiar with the matter said on Friday. Rival suitors KKR and a consortium comprising Italian state lender CDP and [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":28047,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-28046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3R0SC-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/28046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=28046"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/28046\/revisions"}],"predecessor-version":[{"id":28048,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/28046\/revisions\/28048"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/28047"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=28046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=28046"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=28046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}