MILAN (Reuters) -Telecom Italia's (TIM) biggest investor, Vivendi, asked an Italian judge for further documentation to be provided in a case challenging the planned sale of the phone group's landline grid to U.S. fund KKR, a lawyer for the French company said on Tuesday. Worth up to 22 billion euros ($23.9 billion) and backed by the Italian government, the proposed sale is a key plank of TIM Chief Executive Pietro Labriola's strategy to revamp the debt-laden telecoms company. Vivendi, which was seeking a higher price, filed a complaint with a Milan court in December to annul the decision by TIM's board to sell the network without a shareholder vote.
VIVHY vs. TU: Which Stock Is the Better Value Option?
VIVHY vs. NTTYY: Which Stock Is the Better Value Option?