Private equity firm KKR has received approval from the European Union for its acquisition of a minority stake in Telecom Italia. The deal, valued at around 1.8 billion euros, will give KKR a 37.5% stake in the Italian telecommunications company. This move marks KKR’s first major investment in the European telecom sector.
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Fears Starmer deal won’t stop China building rival military base on Chagos Islands
Sir Keir Starmer's proposed deal with Mauritius to hand over the Chagos Islands has raised concerns that China could build a rival base elsewhere in the archipelago, potentially jeopardizing the joint UK/US airbase on Diego Garcia. Mauritian Prime Minister Dr Navin Ramgoolam rejected the deal as inadequate, prompting renegotiations to ensure better outcomes for the nation. The UK government assured that the Diego Garcia base's operations will remain secure and protected from malign influence under...
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