Wednesday, 12 December 2018

Oi deems dos Santos bid 'unacceptable'

By Mary Lennighan, Total Telecom
Tuesday 11 November 14

Brazilian telco says it will not alter terms of Portugal Telecom merger in response to new takeover offer.

Brazil's Oi on Monday dismissed businesswoman Isabel dos Santos' €1.2 billion bid for Portugal Telecom, insisting that it will push on with the merger of the two companies as per the terms of their agreement. Its comments came after Terra Peregrin…

Brazil's Oi on Monday dismissed businesswoman Isabel dos Santos' €1.2 billion bid for Portugal Telecom, insisting that it will push on with the merger of the two companies as per the terms of their agreement. Its comments came after Terra Peregrin…

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