0
General

Portuguese court orders seizure of telecoms stake held by Angola's dos Santos

Monday 6 April 2020 | 11:01 CET | News
A court in Portugal has ordered the "preventive seizure" of a 26 percent stake in Portuguese telecommunications company Nos SGPS that is controlled by Isabel dos Santos, Bloomberg reorted.  ZOPT SGPS, a venture that holds 52 percent of Nos, received a notice from a Lisbon court about the seizure of half of that stake, according to a regulatory filing. Dos Santos and Sonaecom SGPS, a unit of Portuguese holding company Sonae SGPS, each control half of ZOPT. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Nos / Sonaecom
Countries: Angola / Portugal
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Nos to launch Casa e Cozinha channel on 8 April

Published 03 Apr 2020 14:42 CET | Portugal
Portuguese operator Nos will on 8 April exclusively launch the new Casa e Cozinha channel, dedicated to creative and useful ideas ...

Oi sells 25% stake in Unitel for USD 1 billion

Published 24 Jan 2020 16:46 CET | Angola
PT Ventures holds shares in the Angolan companies Unitel (25%) and Multitel (40%), as well as rights to dividends declared by ...

Sonangol confirms interest in buying Oi's stake in Unitel

Published 06 Jan 2020 11:26 CET | Angola
Unitel has four shareholders, each with a 25 percent stake: Geni (owned by General Leopoldino do Nascimento), Vidatel (owned by ...

Angolan court suspends Dos Santos stake in Unitel

Published 03 Jan 2020 11:42 CET | Angola
Isabel dos Santos has tried to negotiate the sale of her 25 percent stake in Unitel to an Arab citizen, according to a ruling of ...