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Tag: telecom
Apax, Bain launch Portugal Telecom bid
2014-11-12 01:00:00| Total Telecom industry news
Oi board to evaluate latest offer that values Portuguese assets at 7.1 billion.
Tags: portugal
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telecom
Portugal Telecom shares spike on bid
2014-11-10 15:08:41| BBC News | Business | UK Edition
A 1.2bn takeover bid by the Angolan president's daughter has sent shares in Portugal Telecom sharply higher in Lisbon.
Tags: portugal
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Angolan, French bids target Portugal Telecom
2014-11-10 13:25:22| Telecom - Topix.net
A battle has started for control of Portugal Telecom, with an Angolan takeover bid countering a French company's offer. The Lisbon stock exchange on Monday suspended trading in shares of Portugal Telecom SGPS SA after a 1.2 billion euro bid from Terra Peregrin, a Lisbon-based company wholly owned by Isabel dos Santos, a businesswoman and daughter of longtime Angolan President Jose Eduardo dos Santos.
Tags: french
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Angolan, French bids target Portugal Telecom
2014-11-10 13:07:40| IT Services - Topix.net
A battle has started for control of Portugal Telecom, with an Angolan takeover bid countering a French company's offer. The Lisbon stock exchange on Monday suspended trading in shares of Portugal Telecom SGPS SA after a 1.2 billion euro bid from Terra Peregrin, a Lisbon-based company wholly owned by Isabel dos Santos, a businesswoman and daughter of longtime Angolan President Jose Eduardo dos Santos.
Tags: french
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Nos shareholder makes offer for Portugal Telecom
2014-11-10 09:20:00| Telecompaper Headlines
(Telecompaper) Isabel dos Santos, the daughter of Angola's president, has launched a takeover bid for Portugal Telecom. In a statement published by Portugal's stock market regulator on 09 November, Terra Peregrin, a Portuguese holding company controlled by Dos Santos, said the offer was for EUR 1.35 a share, a premium of 11 percent on Portugal Telecom's latest share price. The bid, which is conditional on acquiring more than 50 percent of Portugal Telecom's shares, comes a week after Altice launched a EUR 7 billion offer to buy the Portuguese assets of Oi, Portugal Telecom's merger partner. Dos Santos's offer is for the shares of Portugal Telecom SGPS, which owns a 37 percent stake in Oi. The Brazilian operator in turn controls Portugal Telecom's operations in Portugal. Terra Peregrin said it supported a planned merger between Portugal Telecom and Oi, but added that the success of its offer would involve some delays in the merger operation, the Financial Times reports. Dos Santos is also leading shareholder in Nos, PT's main competitor in Portugal. The Terra Peregrin offer does not involve the other shareholders in Nos.
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