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Oi Rejects Terms of Portugal Telecom Takeover Offer

Oi Rejects Terms of Portugal Telecom Takeover Offer

Wall Street Journal 11/11 07:43

Brazilian telecom operator Oi SA has rejected the terms set in a takeover offer for a Lisbon-listed holding company in which it holds a 10% stake, amid concerns that it may complicate its plans to grow in Brazil.

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