Shares in Telecom Italia indicated up 30% after KKR's approach - NewsBreak

MILAN, Nov 22 (Reuters) - Shares in Telecom Italia (TLIT.MI) were indicated up 30% on Monday, after U.S. fund KKR (KKR.N) presented a non-binding proposal to buy Italy's former phone monopolist valuing it at 10.8 billion euros ($12 billion). The size of the move prevented shares in Telecom Italia (TIM)...