Oi-Portugal Telecom merger Calling out

Jul 1, 2014

Brazilian telecoms firm Oi and Portugal Telecom, which had been in a strategic alliance since 2010, agreed to merge in October 2013. PT’s shareholders would end up with 38% of the new company and Oi’s shareholders, with 62%. The transaction was contingent on a large capital increase. PT subscribed to the deal with assets, while shareholders of Oi’s controller Telemar also agreed to put in capital. The rest — at least 5 billion reais ($2.2...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

Upcoming Events


Where will capital markets be busiest in 2017?