EU Charges KKR Over Alleged Misleading Conduct in Telecom Italia Deal
The EU has charged KKR with allegedly misleading regulators during their review of its €22 billion acquisition of Telecom Italia’s fixed-line network two years ago. The charges expose KKR to a potentially hefty fine.
By Bart H. Meijer and Foo Yun CheeKKR NYSE:KKR was hit with EU antitrust charges on Monday, alleging it misled regulators during their review of its €22 billion acquisition of Telecom Italia's MIL:TIT fixed-line network two years ago, exposing the US buyout group to a potentially hefty fine.The dec…