Bloomberg Business

KKR Bid for Telecom Italia Network Values Unit at €20 billion

A counter-offer by Italy’s state-backed lender for Telecom Italia SpA’s landline network — the carrier’s core asset — will be aimed at topping a previous bid from KKR & Co. bid, according to people familiar with the matter.

DoorDash Forecasts Profit Growth as Customers Keep Ordering Takeout

DoorDash Inc. shares jumped Friday morning after an optimistic earnings report that showed resilient demand for pricey takeout even amid a cost-of-living squeeze. The company also said its president would be stepping down as part of a slate of executive changes.

Qatari Royals Plan £5 Billion Opening Bid for Man United

Qatari investors are readying a roughly £5 billion ($6 billion) opening bid for Manchester United Plc, people with knowledge of the matter said, ahead of what’s expected to be a fierce bidding war for the English football giant.

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