from Merlyn Partners alternative relaunch plan to Kkr, no to network sales** – Libero Quotidiano

2023-10-27 19:18:00

Rome, Oct. 27 – (time.news) – A proposal for an alternative industrial plan for the group to that of CEO Pietro comes from the Merlyn Partners investment fund, which currently holds an amount of TIM shares of just under 3%. Labriola, which plans to sell the network to Kkr. The proposal proposes that Tim, instead of selling the network, “dispose of its regulated and consumer activities to transform itself into an infrastructured technological company capable of offering value-added digital solutions to its business customers and the Public Administration thanks to its net”.

The plan – drawn up by Stefano Siragusa, with the support of Merlyn founder Alessandro Barnaba – is part of the initiative called TIMValue, which “aims to maximize value for all shareholders and stakeholders, safeguarding employment, the execution of the PNRR and the strategic interests of the country and the digital agenda”.

Among the objectives, it is highlighted that of bringing the value of the stock back to 1 euro within 18 months (today it closed at 24 cents), thanks to the maintenance of Netco and the TIM network in Italian hands, the creation of TechCo (an Italian company with global ambitions which will effectively integrate the current assets of NetCo and the skills of EnterpriseCo, becoming the new TIM), to the creation of the single network led by CDP in TechCo “without asking a cent from the country” and, finally, to the restructuring and sale of TimConsumer, the sale of TIM Brasil and the rename of TechCo in Telecom Italia.