(Corrects deal detail in paragraph 2)
(Reuters) – Telecom Italia (TIM) said on Thursday it would give suitors for its fixed network until June 9 to improve further their multibillion euros bids for the former phone monopoly’s landline grid, in a final round of offers.
TIM directors gathered on Thursday to draw a response to rival non binding approaches for its grid by KKR and a consortium comprising state lender CDP and fund Macquarie, worth, respectively, 21 billion euros ($23.13 billion) and 19.3 billion euros.
(This story has been corrected to fix the details of the deal in paragraph 2)
($1 = 0.9081 euros)
(Reporting by Elvira Pollina and; Juby Babu, Editing by Franklin Paul)
