Telefonica, TIM, Claro Revise Bid for Oi's Mobile Business to $3.21 billion
28 Julio 2020 - 12:49AM
Noticias Dow Jones
By Kim Richters
Telefonica SA said Tuesday that its Brazilian subsidiary
Telefonica Brasil, TIM SA and Claro SA have revised their offer for
Oi SA's mobile business to 16.5 billion Brazilian Reais ($3.21
billion).
The telecommunications company said the takeover offer also
considers "the possibility of signing long term contracts for the
use of Oi Group's infrastructure."
Earlier in July the companies said they had submitted a binding
offer for the Brazilian carrier but didn't disclose the deal value
at the time.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
July 28, 2020 01:34 ET (05:34 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
OI ON (BOV:OIBR3)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
OI ON (BOV:OIBR3)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
Real-Time news about Oi (Brazil Bovespa Exchange): 0 recent articles
Más de Oi Artículos de Noticias