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Dos Santos woos Oi, PT with possible capital hike to support bid

2014-12-15 15:47:08| Telecom - Topix.net

Angolan billionaire businesswoman Isabel dos Santos is ready to help capitalise Brazil's Oi if her bid for Portugal Telecom SGPS , a key Oi shareholder, is successful and Oi's planned sale of Portuguese assets does not go ahead. Mario Silva, board member and spokesman for dos Santos' Terra Peregrin company that last month made a 1.2 billion euro takeover bid for PT SGPS, told Reuters on Friday her company would consider a capital increase for debt-laden Oi and purchasing Oi shares if it wins.

Tags: to support dos capital

 

Wesfarmers, Apollo Said to Jointly Bid for GE Money in Australia

2014-12-15 15:23:57| Agriculture - Topix.net

Wesfarmers Ltd. and Apollo Global Management LLC made a joint bid for General Electric Co.' s Australian consumer-finance arm, which may fetch as much as A$1.5 billion , people with knowledge of the matter said.

Tags: in money australia bid

 
 

T-Mobile bid may be truly dead: SoftBank downsizes offices

2014-12-12 16:28:14| Telecom - Topix.net

Sprint Corp. parent SoftBank Corp. is expected to start shrinking its Silicon Valley offices, a sign that Masayoshi Son is dropping for good his efforts to buy T-Mobile US Inc., Reuters reports.

Tags: dead bid offices softbank

 

T-Mobile bid may be truly dead: SoftBank downsizes offices

2014-12-12 16:03:31| IT Services - Topix.net

Sprint Corp. parent SoftBank Corp. is expected to start shrinking its Silicon Valley offices, a sign that Masayoshi Son is dropping for good his efforts to buy T-Mobile US Inc., Reuters reports.

Tags: dead bid offices softbank

 

The Wall Street Journal: Charges filed in Brazil over alleged bid to bribe Petrobras

2014-12-12 15:24:13| Oil & Gas - Topix.net

Brazilian prosecutors on Thursday filed charges against 36 suspects in a corruption investigation alleging construction companies bribed public officials and overbilled state-controlled energy giant Petroleo Brasileiro SA Among those charged were 23 executives from six of the biggest construction companies in Brazil: Camargo CorrAaa SA, Engevix, GalvA o Engenharia, Mendes JAonior, OAS and UTC Engenharia SA. Also among them were Paulo Roberto Costa, the former director of Petrobras' refining division, and Alberto Youssef, an alleged black-market currency dealer who is accused of distributing the bribe payments.

Tags: to street journal filed

 

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