A partnership between the two could be signed imminently according to sources from Bloomberg.
In June, it was revealed that TIM’s board of directors had examined the final non-binding offers received for the acquisition of its NetCo company.
The company comprises TIM’s fixed-line network assets – including FiberCop and Sparkle – which are soon to be merged into a newly established company called NetCo.
KKR has until September to make a bid after opening talks with TIM in June.
A key hurdle in the bid, according to Reuters, is the position of Vivendi, which as a stake of around 24% in TIM.
