KKR Exclusive: EUR 438m Acquisition of FiberCop Stake Explained

KKR has agreed to acquire a 4.5% stake in FiberCop from Fastweb, a subsidiary of Swisscom, for EUR 438.7 million.

This acquisition, advised by Evercore and Goldman Sachs, is a strategic move to strengthen KKR’s presence in the telecommunications sector. Fastweb’s decision to sell its stake in FiberCop involves an agreement with KKR’s subsidiary, Optics Bidco S.p.A. The transaction value aligns with the pro rata price KKR paid to TIM for its FiberCop share. The deal’s completion is contingent on