<p class="MsoNormal"><span style="color:#000000"><a href="https://www.forbesmiddleeast.com/industry/telecommunications/italy-approves-adias-investment-in-tims-grid" target="_blank">Telecom Italia</a>'s (TIM) board has approved a proposal from US private equity firm Kohlberg Kravis Roberts and Co. (KKR) to acquire the telecom service provider's fixed-line network, dubbed NetCo, for $20.2 billion (</span><span style="line-height:107%">€</span><span style="color:#000000">18.8 billion).</span></p>
