Home Oi sells GlobeNet to BTG Pactual for over BRL 1.7 bln
 

Keywords :   


Oi sells GlobeNet to BTG Pactual for over BRL 1.7 bln

2013-07-16 07:07:00| Telecompaper Headlines

(Telecompaper) Brazilian telecom group Oi has agreed to sell its stake in Brasil Telecom Cabos Submarinos and its subsidiaries, located in Venezuela, Colombia, Bermuda and the US (jointly known as GlobeNet) to Brazilian investment fund BTG Pactual. The acquisition price reaches BRL 1.745 billion, subject to certain adjustments stipulated in the contract.

Tags: sells brl bln btg

Category:Telecommunications

Latest from this category

All news

»
24.11S
24.11
24.115
24.11SR
24.11 RC24.4.5
24.11115+128717dz
24.11lavaSUKALA 3
24.11508A
More »