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☆ Telecom Italia gives green light to KKR's grid bid, sources say
▼ + stars: | 2023-11-05 | by ( Elvira Pollina | ) www.reuters.com time to read: +3 min

Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. The price tag can reach 22 billion euros when including some future payments were a long-awaited combination of TIM's grid with that of state-backed fibre optic rival Open Fiber materialise, the first two sources said. Italian infrastructure fund F2i is also preparing to take a stake in the grid to bring the holding in Italian hands to 30%-35%. With its 24% TIM stake, Vivendi has warned TIM's board it is ready to bring a legal challenge to the sale after criticising its approval process, documents seen by Reuters showed. ($1 = 0.9321 euros)Reporting by Elvira Pollina; Editing by Valentina ZaOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Giorgia, Pietro Labriola's, Merlyn Advisors, Stefano Siragusa, Elvira Pollina, Valentina Za Organizations: Telecom Italia, REUTERS, Vivendi, Sunday, KKR, Reuters, TIM, Treasury, Thomson Locations: MILAN, London

☆ Telecom Italia approves KKR's $20 billion grid bid in blow for Vivendi
▼ + stars: | 2023-11-05 | by ( Elvira Pollina | ) www.reuters.com time to read: +3 min

Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. The board started a review of KKR's offer on Friday, approving it on Sunday, TIM said. The sale's 18.8 billion euro price tag, including debt, could reach 22 billion euros if certain conditions are met, TIM said. TIM said it would not put the board's decision to a shareholder vote, in a setback for leading shareholder VivendI (VIV.PA). Vivendi, which owns 24% of TIM, has been seeking a higher price and questioned the sustainability of the business left behind.

Persons: Dado Ruvic, Giorgia, Pietro Labriola's, Labriola, Merlyn Advisors, Merlyn, Elvira Pollina, Valentina Za, Will Dunham Organizations: Telecom Italia, REUTERS, TIM, Vivendi, Sunday, KKR, European Union, Treasury, VivendI, Thomson Locations: Italy, MILAN, London

☆ Entire town of Hay river in Canada ordered to leave as wildfires encroach
▼ + stars: | 2023-08-26 | by ( ) www.reuters.com time to read: +1 min

Aug 25 (Reuters) - Wildfires in Canada's Northwest Territories on Friday forced the evacuation of the entire town of Hay River, a community of about 4,000 people on the Great Slave Lake, authorities said. The government of the Northwest Territories ordered everyone in town, including essential workers, to go to the Hay River Merlyn Carter Airport and await further instructions. "Anyone who remains in Hay River is doing so at their own risk," the Northwest Territories government said in an alert posted at 3:23 p.m. local time on Friday. Canada is experiencing its worst wildfire season on record and in the past week more than 50,000 people, including the entire population of the Northwest Territories' capital Yellowknife, have been forced to flee their homes. Mail service to numerous communities in the Northwest Territories has also been impacted by the fires, the government said in a later alert.

Persons: Hay, Carter, Sharon Bernstein, Sandra Maler Organizations: Northwest, Northwest Territories, Thomson Locations: Canada's Northwest Territories, Hay, Northwest Territories, Canada, Northwest, Yellowknife, Sacramento , California

☆ Transmitting Shakespeare to the Next Generation
▼ + stars: | 2023-07-21 | by ( Christopher Kuo | More About Christopher Kuo | ) www.nytimes.com time to read: +1 min

On a recent Wednesday, a dozen members of the cast of “Camelot” gathered in a circle in a rehearsal room in the basement of Lincoln Center Theater. As Philippe began speaking, Matthews squinted his eyes shut and silently mouthed the words. “Even now I curse the day——” Philippe said before he was quickly cut off by Matthews, who jabbed a finger in the air. “You went down on ‘day,’” Matthews said, referring to Philippe’s incorrect inflection. Over the next two hours, Matthews paced the room coaching the group through monologues from “Julius Caesar,” “Henry IV” and “Macbeth,” interrupting a performer to correct the pronunciation of “doth,” or to help find the “internal shape” in a text.

Persons: Camelot ”, Fergie Philippe, Sir Sagramore, King Arthur, quizzically, Shakespeare’s “ Titus Andronicus, ”, Dakin Matthews, Merlyn, Pellinore, Philippe, Matthews, — ” Philippe, ’ ” Matthews, “ Julius Caesar, ” “ Henry IV ” Organizations: Lincoln Center

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