(BFW) Oi Board Is Said to Approve Altice Offer for Portugal Assets


BN 12/05 21:27 Oi Board Is Said to Approve Altice Offer for Portugal Assets

Oi Board Is Said to Approve Altice Offer for Portugal Assets
2014-12-05 21:31:52.112 GMT


By Cristiane Lucchesi, Christiana Sciaudone and Matthew
Campbell
Dec. 5 (Bloomberg) -- Oi approved EU7.4b offer for its
Portuguese assets from Altice at board meeting yesterday, people
familiar said.
* Decision may be announced soon: people familiar
* Oi representative couldn’t be reached to comment on the
decision; co. yesterday confirmed board meeting was being
held
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--With assistance from Daniele Lepido in Milan and Anabela Reis
in lisbon.

To contact the reporter on this story:
Andrea Snyder in Washington at +1-202-624-1831 or
asnyder5@bloomberg.net
To contact the editors responsible for this story:
Andrea Snyder at +1-202-624-1831 or
asnyder5@bloomberg.net