The head of Telecom Italia ready to leave to facilitate the examination of the offer of KKR – Sciences et Avenir

MILAN (Reuters) – Telecom Italia (TIM) managing director Luigi Gubitosi said on Thursday he was ready to resign to make it easier for the telecommunications group’s board to evaluate the company’s proposal. Purchase of the US fund KKR, ANSA reported.

According to the news agency, Luigi Gubitosi also said in a letter to TIM’s board members that he should not delay his decision on the KKR offer because such an approach could be interpreted as a desire to defend the interests of certain shareholders.

No comment was immediately obtained from Vivendi, TIM’s main shareholder.

(Elisa Anzolin report; French version Jean Terzian, edited by Matthieu Protard)

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