Buy-out group KKR’s weekend approach to the board of Telecom Italia is worth $12 billion, a 45% premium on Friday’s level.
The prospect of more big private equity deals ensured European markets started the week on the front foot, despite jitters over Covid restrictions.
The FTSE 100 index climbed 22.83 points to 7246.46, driven by telecoms shares after KKR’s move for Italy’s biggest phone company.
BT Group, which has been seen as a potential target for French billionaire Patrick Drahi, rose 3% or 4.8p to 165.45p and Vodafone added 2.12p to 115.74p.
Diese Geschichte stammt aus der November 22, 2021-Ausgabe von Evening Standard.
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Diese Geschichte stammt aus der November 22, 2021-Ausgabe von Evening Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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