PT Ends Up with Bigger Oi Stake

PT Ends Up with Bigger Oi Stake

Brazil M&A

Portugal Telecom (PT) has accumulated 25.3% percent of Brazil’s Telemar Norte Leste, at a cost of BRL8.32bn, a bigger piece of the firm that it had planned to buy when the deal was struck in July. The stake was built through direct investments in the

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