According to the European Commission, the 22 billion euro transaction does not raise competitive concerns in the European Economic Area (EEA).
The transaction specifically concerns the acquisition by KKR of NetCo, which comprises the fixed-line telecommunications network assets and the backbone of Telecom Italia (TIM) and FiberCop, a joint venture between TIM and KKR responsible for TIM’s secondary fixed-line telecommunications network.
GPD, with a team composed of Andrea Gemma and Chiara Pero, served as legal advisor to KKR for regulatory matters and the activity was provided together with a broader team of Italian and international law firms that contributed to this highly significant outcome.
