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Sonae to swoop on Portugal Telecom

MensagemEnviado: 8/1/2007 4:22
por atomez
Finantial Times

By Lina Saigol and Peter Smith in London

Published: January 7 2007 22:05 | Last updated: January 7 2007 22:05

One of Europe’s biggest takeover battles is expected to kick off this week when Portugal Telecom, the country’s dominant carrier, receives a $14bn hostile bid from Sonae after more than 12 months of wrangling with regulators.

The approach will underline the strength of mergers and acquisition activity, which last year reached a record $4,000bn, and could result in one of the largest telecoms deals of the year.


Com a aquisição o Belmiro vai dar um grande salto na lista de bilionários, como detém 53% do grupo Sonae vai passar de $2.2B para uns $10B...