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✉news WorldEU Politics first seen 1 d ago, last 19 h ago, peak #21

European Commission accuses KKR of misleading regulators over Italian NetCo deal

Original: European Commission accuses KKR of misleading EU regulators over €22bn Italian NetCo deal

The European Commission has accused US private equity firm KKR of misleading EU regulators during its review of the €22 billion acquisition of Telecom Italia's fixed-line network unit, NetCo. The allegation marks an escalation in Brussels' scrutiny of one of Europe's largest telecom deals, and the firm now faces pressure to respond to the charges.

Why now: The Commission's accusation of misleading conduct raises the prospect of fines or further action in a landmark telecom merger

European CommissionKKRNetCoTelecom ItaliaEuropean Union

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