Kirkland Advises Consortium Led by KKR on Acquisition of Telecom Italia’s Fixed Line Network

Kirkland & Ellis represented a consortium led by KKR on the acquisition of Telecom Italia’s (TIM) fixed line network. This is a historic milestone for the Italian telecommunications sector as TIM’s fixed line network has been integrated into FiberCop, creating a wholesale network accessible to all operators in Italy providing end-to-end connectivity services nationwide. The consortium led by KKR includes the Ministry of Economy and Finance of the Italian Government, ADIA, CPP Investments and infrastructure fund F2i Sgr.

Read KKR and the Ministry of Economy and Finance’s press release

The Kirkland team was led by corporate partners Alvaro Membrillera, Adam Wollstein, Pelin Demirdere Eski and Anna Van de moortel and associates Jef Dupont, Stefano Castoldi, Carmella Crinnion, Sham Khan, Bing Lim and Rika Hayashida; debt finance partners Sinead O’Shea and Jia Meng and associates Marco Convertini, Luca Misseroni and Ashley Bannister; and tax partner Joseph Tootle.