Home › Oi gets offer for capital injection with TIM deal
 

Keywords :   


Oi gets offer for capital injection with TIM deal

2015-10-26 13:37:00| Telecompaper Headlines

(Telecompaper) The LetterOne (L1) fund, owned by Russian billionaire Mikhail Fridman, has made an offer to provide USD 4 billion to Brazilian operator Oi to help the company participate in market consolidation. The transaction is conditional on Oi agreeing a merger with TIM Brasil, the operator controlled by Telecom Italia. Oi confirmed the offer received by its shareholder BTG Pactual, which is advising Oi on restructuring and financing with an eye on pursuing consolidation. Oi said it will carefully study the offer with its advisers. 

Tags: with offer capital deal

Category:Telecommunications

Latest from this category

All news
»
29.06Tropical Storm Beryl Graphics
29.06Tropical Storm Beryl Forecast Discussion Number 3
29.06Tropical Storm Beryl Public Advisory Number 3
29.06Summary for Tropical Storm Beryl (AT2/AL022024)
29.06Tropical Storm Beryl Wind Speed Probabilities Number 3
29.06Tropical Storm Beryl Forecast Advisory Number 3
29.06Eastern North Pacific Tropical Weather Outlook
29.06Atlantic Tropical Weather Outlook
More »