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Altice Offers Oi $8.8 Billion for Portugal Telecom Assets

2014-11-03 05:25:45| Telecom - Topix.net

Altice SA, billionaire Patrick Drahi's cable holding company, made a binding offer to acquire the Portuguese assets of Portugal Telecom from Brazil's Oi SA. The offer has an enterprise value of 7.025 billion euros and is fully financed, Altice said in a Nov. 2 statement.

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Category:Telecommunications

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