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CVC has been monitoring reorganisation at TIM but no decision taken -Breaking

by Mike Robinson

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© Reuters. At its Rome headquarters, November 22nd 2021, the Tim logo can be seen. REUTERS/Yara Nardi

MILAN (Reuters), CVC Capital Partners is looking into the reorganisation underway at Telecom Italia (MI) and (TIM) has been in the works for some time. However, no decisions have been made on their future plans according to a spokesperson of the private equity firm.

Italian media reported Wednesday that CVC had expressed interest in the services division of TIM after a plan was finalized to separate the network of the telephone group from the rest.

According to a spokesperson, “CVC has been looking at for some time a potential scenario of industrial reorganisation of TIM to determine solutions to aid the relaunch group… but no decision has been made.”

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