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EU Regulator Says KKR May Have Misled in Telecoms Merger Review

Original: EU Says KKR May Have Misled Over Telecoms Merger

EU authorities have indicated that private equity firm KKR may have provided misleading information in connection with a telecoms merger reviewed by the bloc's competition regulators. The claim raises the prospect of enforcement action against the investment firm over the accuracy of information supplied during the merger examination. Details about the specific deal, the parties involved and any potential penalties have not yet been made public.

Why now: EU competition authorities signalling possible enforcement against a major private equity firm is new and significant news for markets and the telecoms sector.

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Evidence

• EU Says KKR May Have Misled Over Telecoms Merger · WSJ

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