Banks Suggest Lower Price for UOL Offer

Banks Suggest Lower Price for UOL Offer

Brazil Equity

Advisors to Brazil’s Folhapar should offer minority shareholders of its Universo Online (UOL) unit BRL16.83 per share, below the BRL17.00 limit it had set. Folhapar, publisher of the Folha de Sao Paulo newspaper, is attempting to buy up 18.4m or

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