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Altice in talks to buy Oi's Portuguese assets - report

2014-10-07 09:33:00| Telecompaper Headlines

(Telecompaper) French telecom investment group Altice, owned by French billionaire Patrick Drahi, is in "relatively advanced" talks to buy the Portuguese assets of Brazilian operator Oi, a person familiar with the matter told Reuters. Altice has been looking for acquisitions to boost its presence in Europe and Drahi said at an investor conference in September that his group would target acquisitions in countries where it already had a presence, citing Portugal and Belgium. Oi, which would not comment on the matter, is in the process of merging with Portugal Telecom.

Tags: report buy assets talks

 

Patrick Drahi's Altice seeks to buy Oi's Portuguese assets: source

2014-10-07 03:14:25| IT Services - Topix.net

Billionaire Patrick Drahi's cable and telecoms company Altice SA is looking to acquire the Portuguese assets of Brazilian carrier Oi SA, a source familiar with the matter told Reuters. Facing growing competition in the Brazilian market from foreign rivals, Oi announced plans in October 2013 to merge with Portugal Telecom SGPS SA.

Tags: buy source patrick assets

 
 

Altice eyes Portugal Telecom assets

2014-10-07 02:00:00| Total Telecom industry news

French cable group seeks to unwind Portugal Telecom's merger with Oi.

Tags: eyes portugal assets telecom

 

Patrick Drahi's Altice seeks to buy Oi's Portuguese assets: source

2014-10-06 23:35:17| Telecom - Topix.net

Billionaire Patrick Drahi's cable and telecoms company Altice SA is looking to acquire the Portuguese assets of Brazilian carrier Oi SA, a source familiar with the matter told Reuters. Facing growing competition in the Brazilian market from foreign rivals, Oi announced plans in October 2013 to merge with Portugal Telecom SGPS SA.

Tags: buy source patrick assets

 

Chevron Sells 30% Stake in Canadian Shale Assets

2014-10-06 17:46:29| Oil & Gas - Topix.net

Chevron Corp said it would sell a 30 percent stake in its Duvernay shale properties in Canada to Kuwait Foreign Petroleum Exploration Co for $1.5 billion. Chevron's Canadian subsidiary has exploration leases for about 330,000 net acres in the Duvernay shale formation.

Tags: canadian assets sells stake

 

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