(Reuters) – Telecom Italia (TIM) said on Thursday it would give suitors for its fixed network until June 9 to improve further their multibillion euros bids for the former phone monopoly’s landline grid, in a final round of offers.
TIM directors gathered on Thursday to draw a response and a consortium comprising state lender CDP, fund Macquarie and KKR, worth, respectively, 21 billion euros and 19.3 billion euros.
(Reporting by Elvira Pollina and; Juby Babu, Editing by Franklin Paul)
