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General

Angolan bidder offers changes to Portugal Telecom bid terms

Wednesday 12 November 2014 | 11:08 CET | News
Angolan investor Isabel dos Santos is willing to change the terms of her bid to buy Portugal Telecom if necessary, to prevent Brazil's Oi from selling PT's assets to a rival party, Reuters reported. Dos Santos launched the bid for Portugal Telecom partly in an attempt to stop a EUR 7 billion bid for PT's Portuguese assets by French telecoms group Altice.

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Categories: General
Companies: Altice Europe / Oi / Portugal Telecom
Countries: Angola / Brazil / Portugal
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