Oi shareholders approve judicial reorganisation

Sunday 24 July 2016 | 14:45 CET | News
The shareholders of Brazilian operator Oi, in an extraordinary shareholders meeting, ratified the judicial reorganisation of the company. The application was submitted together with its wholly-owned direct and indirect subsidiaries Oi Movel, Telemar Norte Leste, Copart 4 Participacoes, Copart 5 Participacoes, Portugal Telecom International Finance and Oi Brasil Holdings Cooperatief, as approved by the Board of Directors and the relevant corporate bodies. The shareholders also authorized the company's management to make arrangements and perform all acts necessary in relation to the judicial

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Categories: General
Companies: Oi / Oi (Telemar) / Portugal Telecom
Countries: Brazil
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