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| Name | Symbol | Market | Type |
|---|---|---|---|
| Telefonica Brasil SA | NYSE:VIV | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.015 | -0.17% | 8.935 | 8.99 | 8.89 | 8.95 | 165,466 | 17:10:42 |
From May 2019 to May 2024
Portugal Telecom SA (PT, PTC.LB) said Friday it has called for a shareholders meeting on June 30 to discuss Telefonica SA's (TEF) offer for PT's indirect stake in Brazilian mobile operator Vivo Participacoes SA (VIV).
PT said in a filing with regulators that shareholders will discuss at the extraordinary meeting whether to accept Telefonica's improved EUR6.5 billion offer for PT's half of Brasilcel, a holding company that owns about 60% of Brazilian mobile operator Vivo, or seek a higher price.
PT's board previously rejected Telefonica's initial offer of EUR5.7 billion for PT's stake in Brasilcel.
Telefonica, Spain's largest telecommunications company by market value and customers, is also a leading shareholder in PT, with a 10% stake. Portuguese banks Banco Espirito Santo SA (BES.LB) and Caixa Geral de Depositos are also among the company's top shareholders.
-Madrid Bureau, Dow Jones Newswires, 34 91 3958120, djmadrid@dowjones.com
1 Year Telefonica Brasil Chart |
1 Month Telefonica Brasil Chart |
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