TIM Group has announced that it is discussing with Kohlberg Kravis Roberts & Co. L.P. (KKR) in order to obtain information regarding the attractiveness, actuality, and deliverability of the non-binding and indicative expression of interest sent on November 17, 2021. The non-binding takeover proposal is estimated at EUR10.8 billion (US$12 billion). 

TIM has also received a non-binding proposal from CVC for the purchase of a minority stake in a newco, to be set up in the event of completion of the transaction, which would include the activities of TIM's Enterprise division in addition to those of Noovle, Olivetti, Telsy and Trust Technologies.