JPMorgan To Back KKR’s €45B Financing In TIM Deal
United States fund KKR’s proposal to acquire Telecom Italia (TIM) comprises of a letter of commitment by JPMorgan to support the 45 billion euros ($51 billion) financing that is required ...
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Tag: Italy
TIM’s Top Investor Vivendi Holds Onto Its Stake After KKR’s Approach
Vivendi (VIV.PA), Telecom Italia's (TLIT.MI) top investor, said it intended to stay in the group for the long haul, sending a warning to KKR (KKR.N) that it could hamper the ...
KKR Offers $12B To Push Telecom Italia Private
Summary Board evaluates KKR proposal in special Sunday meeting The goal is to spin off fixed-line, run it as a government-regulated asset Embattled TIM CEO pushing to revive a single-network ...
Italy’s Banca Generali To Introduce Crypto Services In 2021
Banca Generali is set to introduce cryptocurrency to its users in 2021 after it secured a partnership with an Italian custody service provider. The major Italian private bank announced its ...
Italy’s CONSOB orders 11 websites working without authorization to be blocked
One of the trending financial news bit in Italy right now is the blocking of illegal websites by CONSOB. The Commissione Nazionale per le Società e la Borsa (CONSOB), a ...
Italy’s CONSOB Bans Five Illegal Trading Sites, 252 In Total
The Companies and Exchange Commission (CONSOB) stands as Italy’s financial regulator. Today, Consob had blocked a total of 252 illegal online trading websites, after it gave out another order that ...
Gold Price Surpasses $1,800 And Smashes Highest Levels In Nine Years
Currently, Wall Street is experiencing strange times. The stocks are exploding on optimism about a possible economic rebound but investors are still worried about the increasing threat of the second ...
Schools Struck by Coronavirus Benefit from Blockchain-Based Education Platform
The coronavirus menace appears to be spreading to every part of the world. As the deadly virus spreads, it is also affecting many education systems. The menace has resulted in ...
Italy’s Consob Orders Websites Offering Financial Services Without Prospectus Blocked
The Companies and Exchange Commission (CONSOB), the Italian financial regulator, has announced today that it will leverage its new powers. These powers were granted through Law no. 8 of the ...
Italian Banks Blockchain-based Interbank Reconciliation Project Enters ‘Pre-production Phase’
The Italian Banking Association (ABI) has announced that it is proceeding to the 'pre-production phase' for its much anticipated blockchain-based interbank reconciliation project. Since 2018, the banks have been testing ...