Tim, Kkr proposal does not satisfy Vivendi

“Kkr’s proposal does not reflect the real value of the company”. This is what transpires from sources close to Vivendi with respect to the expression of interest advanced by Kkr for Tim, judged by the French media company to be insufficient compared to the real value of the telephone group. Meanwhile, the tlc trade unions initiate the legal procedures “for the proclamation of the state of unrest and the strike initiatives in support of the dispute in question in all the Italian companies of the Tim Group”, as stated in a letter signed by Slc Cgil Fistel Cisl and Uilcom Uil sent to the executives of the company Luciano Sale, Human Resources, Organization & Real Estate and Giovanni Pipita Trade Union Relations. The reasons for the cooling procedures indicate ‘corporate uncertainties and possible yet another change of ownership. Defense of the occupational perimeters and Business relaunch plan ‘. The subject, the letter specifies, are the “cooling procedures pursuant to Laws 146/90 and 83/2000 and pursuant to Article 4 of the resolution amending the Provisional Regulations adopted by the Guarantee Commission for the implementation of the law on strike in essential public services (session of 15 November 2007) “.