OI SA

Oi's Portuguese Assets May Spark a Bidding War

The battle for the Portuguese telecommunications assets of Brazil's Oi SA is heating up. It was announced Wednesday that private equity funds Apax Partners and Bain Capital have made a joint $8.8 billion offer for the Portuguese assets of Oi SA (ADR) (NYSE:OIBR) (BVMF:OIBR4). This puts the ball in the court of France's Altice SA (AMS:ATC), who analysts . . .

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