TIM, Vivo, Claro seek $606 mln haircut in Brazil’s Oi deal
SAO PAULO — TIM SA, Telefonica Brasil and Claro are seeking to lower price paid for rival telecom Oi SA’s mobile division by 3.2 billion reais ($605.05 million), securities filings showed on Monday. The transaction, which concluded earlier this year, included a joint bid by TIM, America Movil’s Claro and Vivo to acquire Oi’s mobile […]
TIM, Vivo, Claro seek $606 mln haircut in Brazil’s Oi deal
SAO PAULO — TIM SA, Telefonica Brasil and Claro are seeking to lower price paid for rival telecom Oi SA’s mobile division by 3.2 billion reais ($605.05 million), securities filings showed on Monday. The transaction, which concluded earlier this year, included a joint bid by TIM, America Movil’s Claro and Vivo to acquire Oi’s mobile […]