Telecom Italia 最高の，を越す 投資家 Vivendi 警告するs board over 網状組織 sale
ROME, March 29 (Reuters) - 最高の，を越す Telecom Italia (TIM) 投資家 Vivendi has called on its board to only 診察する 申し込む／申し出s for its landline 網状組織 which adequately value the 資産, sources の近くに to the 事柄 said, 追加するing to 圧力 on the phone group's CEO and directors.
The sale of TIM'S grid, its most 価値のある 資産, is a 重要な plank of CEO Pietro Labriola's 計画（する） to 改造する TIM and 削減（する） its 25 billion euros ($27 billion) 負債 pile.
But Vivendi, which やめる TIM's board in January after a 一連の会議、交渉／完成する of fruitless 会談 with the Italian 政府 over the 未来 of the 会社／堅い, has 保留（地）／予約s over the bidding 過程 and does not believe a new bidding 一連の会議、交渉／完成する will の近くに a valuation gap.
TIM's board this month 委任統治（領）d Labriola to start a formal bidding 過程 and 捜し出す 改善するd 申し込む／申し出s from Italian 明言する／公表する 貸す人 Cassa Depositi e Prestiti (CDP) and Macquarie, 同様に as from 競争相手 suitor KKR by April 18.
Both 初期の 競争相手 申し込む／申し出s valued TIM's 網状組織 資産s at least 10 billion euros below a 31 billion price tag 始める，決める by Vivendi, sources have 以前 said.
In a letter sent to TIM's board, Vivendi also said the 条件 of any grid sale must 確実にする that TIM's remaining services 商売／仕事 is on a 維持できる 地盤, the sources said.
The French group wants any 決定／判定勝ち（する） to go through an 驚くべき／特命の／臨時の 株主s' 会合, they 追加するd.
CDP, which owns 10% of TIM, 申し込む／申し出d some 18 billion euros 含むing 負債, as part of a 計画（する） to 連合させる TIM's 網状組織 資産s with those of smaller 競争相手 Open 繊維.
KKR, which already owns a 少数，小数派 火刑／賭ける in TIM's 直す／買収する，八百長をするd 網状組織, 申し込む／申し出d 20 billion euros, 含むing a 2 billion euros earn out 機械装置.
The two suitors are studyin g 可能性のある 改良s to their 競争相手 企て，努力，提案s after they received 付加 （警察などへの）密告，告訴（状） on the 資産, sources had 以前 said. ($1 = 0.9232 euros) (報告（する）／憶測ing by Elvira Pollina; 令状ing by Alvise Armellini; Editing by Gianluca Semeraro, Valentina Za and Alexander Smith)
