LISBON, Dec 15 (Reuters) - Angolan billionaire businesswoman Isabel dos Santos is ready to help capitalise Brazil's Oi if her bid for Portugal Telecom SGPS ( PT SGPS), a key Oi shareholder, is successful and Oi's planned sale of Portuguese assets does not go ahead.
LISBON, Dec 12 (Reuters) - Portugal Telecom SGPS ( PT SGPS) has called a general shareholder meeting on Jan. 12 to vote on telecoms group Altice's planned acquisition of Portuguese operations from Brazil's Oi for 7.4 billion euros ($9.2 billion).
LISBON, Dec 10 (Reuters) - A 1.2 billion euros ($1.5 billion) bid for Portugal Telecom SGPS from the daughter of Angola's president is too low and does not reflect the company's true value, PT SGPS's board said in a statement.
firm Oi is likely to approve the sale of Portuguese operations to Altice later on Friday, but the 7.4 billion euro deal will still hinge on whether Portugal Telecom SGPS shareholders back it, a spokesman for the Portuguese company said.
Fitch) Fitch Ratings has affirmed Portugal Telecom SGPS's ( PT ) Long-term Issuer Default Rating (IDR) and Portugal Telecom International Finance B.V ..... Fitch has simultaneously withdrawn PT 's IDR as it is no longer considered
LISBON, Nov 13 (Reuters) - Portugal's recently-privatised postal service CTT said on Thursday it was monitoring the sale process of Portugal Telecom and was considering opportunities to develop its business in the telecommunications area.
Portugal Telecom announced that it received overwhelming ..... meeting Monday. With this approval, PT will reacquire Rioforte Investments ..... Mobiliarios. Once that is received, PT shareholders will receive shares in the combined company. PT will continue to trade, but its only
On Monday, Vodafone and Portugal Telecom announced an agreement to share a fibre ..... to the home built out, which will take PT 's coverage to about 2.1 million homes ..... telephony, broadband, and television. PT 's MEO4 plan has been one of the most ..... s shares are undervalued, and that PT 's are fairly valued.
Portugal Telecom ( PT ) announced on Wednesday that Rioforte ..... its commercial paper owned by PT . PT further stated the Rioforte paper was ..... putting our fair value estimates for both Portugal Telecom 's and Oi's shares under review ..... the exact amount of that reduction. PT and Oi reaffirmed their commitment
the European [ and global ] financials sold off. [ But the above indicates why it was only a 1-day jitter ] So, why Portugal Telecom [PTC.po/ PT ] sold off by -20% ? First, it holds a big chunk of commercial paper of the “ holding company ”; second, there is some