MILAN—The chances of the U.S. fund KKR pushing ahead with a firm bid for Telecom Italia (TIM) faded, with the two sides deadlocked on Tuesday over access to the company’s books. KKR has told TIM it cannot confirm its 10.8 billion euro ($11.9 billion) bid unless Italy’s biggest telecoms group provides access to its data…
KKR’s Bid for Telecom Italia Deadlocked Over Due Diligence
April 6, 2022
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Holmes Jury Says It’s Deadlocked on 3 of 11 Criminal Charges
SAN JOSE, Calif.—The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes on Monday said it is deadlocked on three of the 11 felony counts against her. Holmes is accused of duping investors and patients about a blood-testing technology that she hailed as a medical breakthrough. After receiving a note from the jury, U.S….
Israel Vote Deadlock: Netanyahu Appears Short of Majority
JERUSALEM—Uncertainty hovered over the outcome of Israel’s parliamentary election Wednesday, with both Prime Minister Benjamin Netanyahu and sworn political rivals determined to depose him apparently lacking a clear path to a governing coalition. Deadlock in the 120-seat parliament was a real possibility a day after the election, which had been dominated by Netanyahu’s polarizing leadership….
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