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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Telefonica Brasil SA | BOV:VIVT3 | Bovespa | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.69 | 1.39% | 50.35 | 50.84 | 49.52 | 49.86 | 3,132,100 | 01:37:18 |
By Kim Richters
Telefonica SA said Tuesday that its Brazilian subsidiary Telefonica Brasil, TIM SA and Claro SA have revised their offer for Oi SA's mobile business to 16.5 billion Brazilian Reais ($3.21 billion).
The telecommunications company said the takeover offer also considers "the possibility of signing long term contracts for the use of Oi Group's infrastructure."
Earlier in July the companies said they had submitted a binding offer for the Brazilian carrier but didn't disclose the deal value at the time.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
July 28, 2020 01:34 ET (05:34 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year TELEF BRASIL ON Chart |
1 Month TELEF BRASIL ON Chart |
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