Pharol rejects Elliott's alternative plan for Oi

Monday 30 January 2017 | 09:36 CET | News
Pharol SGPS, the largest shareholder of Brazilian operator Oi, said it would not support any alternative reorganization plan for the company undergoing judicial reorganization, including a proposal made by investment group Elliott Management. In a statement to Reuters, Pharol said it will only support Oi's proposed reorganization approved by the operator's board.

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Categories: General
Companies: Oi
Countries: Brazil
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