Moody's places TIM B1 ratings on watch after KKR deal

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Moody's also expects Telecom Italia's financial profile will improve due to 14 billion euro ($15.03 billion) of net debt reduction which will help cut the...

- Credit ratings agency Moody's on Monday said it has placed Telecom Italia's B1 ratings on review for upgrade after the company announced board approval for KKR's bid for its fixed network assets.

If the deal is completed by summer of 2024, the ratings agency could upgrade the Italian company by one to two notches, according to the statement.‘The goose lays more golden eggs every year’: Warren Buffett explains why capitalism isn’t working for young people today — and the simple way he’d solve itStocks eclipsed by massive gains in a handful of mega-cap names could end up driving huge returns for investors in the next decade, a CIO argues.

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