Industry News
Apax Partners and Bain Capital Make Counteroffer for Brazil’s Oi
13 December 2014
(World News Report) On the heels of Altice’s announced plan to purchase the Portuguese assets of Portugal Telecom (PT) from Oi of Brazil, private equity funds Apax Partners and Bain Capital jointly launched a counteroffer of €7.075 billion (US$8.82 billion) on Wednesday to acquire control of PT. Read more at World News Report
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