piątek, 31 października 2014

Oi, America Movil, Telefonica to bid for TIM, sources say

The logo of America Movil is seen on the wall of the reception area in the company's corporate offices in Mexico City By Guillermo Parra-Bernal and Danilo Masoni SAO PAULO/MILAN (Reuters) - Brazil's Grupo Oi SA, Mexico's America Movil SAB and Spain's Telefonica SA agreed to place a joint bid worth around 32 billion reais ($13 billion) for TIM Participações SA , two sources with direct knowledge of the matter said on Friday. The companies agreed to present a single offer to minority shareholders and Telecom Italia SpA , which owns about 67 percent of TIM Participações, Brazil's No. 2 wireless carrier, said the first source, who requested anonymity as the deal is still in the works. ...








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