What are the potential implications of Vivendi opposing the KKR bid?
Telecom Italia Shares Surge on KKR Bid
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Business, Social Studies
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University
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The video discusses the valuation of Telecom Italia, highlighting a 46% premium and Vivendi's significant stake. Vivendi opposes KKR's bid, indicating a potential battle for control. KKR is interested in Telecom Italia's landline network, crucial for Italy's 5G modernization. The Italian government, holding a veto power, has shown a positive stance towards foreign investment in Telecom Italia.
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How does the European Recovery Fund relate to the Telecom Italia network?
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