Telecom Italia Said to Favor All-Stock Deal in a Tim-Oi Merger
2014-12-18 17:26:57.921 GMT
By Jim Silver
(Bloomberg) -- Telecom Italia leaning toward all-stock
offer through its Brazilian unit if it goes ahead with bid for
Oi, two people familiar tell Bloomberg’s Daniele Lepido.
* Telecom Italia wants indication from Brazil’s govt and
telecommunications regulator that they won’t block a merger
of Tim Participacoes with Oi before it makes a move, the
people said
* Telecom Italia, which owns 67% of Tim, is unlikely to make a
decision before February or March, they said
* A Telecom Italia spokesman in Milan declined to comment on a
potential offer for Oi
Link to full story: NSN NGSG0Q6S9728<GO>
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To contact the reporter on this story:
Jim Silver in New York at +1-212-617-7342 or
jsilver@bloomberg.net
To contact the editors responsible for this story:
Andrea Snyder at +1-202-624-1831 or
asnyder5@bloomberg.net
2014-12-18 17:26:57.921 GMT
By Jim Silver
(Bloomberg) -- Telecom Italia leaning toward all-stock
offer through its Brazilian unit if it goes ahead with bid for
Oi, two people familiar tell Bloomberg’s Daniele Lepido.
* Telecom Italia wants indication from Brazil’s govt and
telecommunications regulator that they won’t block a merger
of Tim Participacoes with Oi before it makes a move, the
people said
* Telecom Italia, which owns 67% of Tim, is unlikely to make a
decision before February or March, they said
* A Telecom Italia spokesman in Milan declined to comment on a
potential offer for Oi
Link to full story: NSN NGSG0Q6S9728<GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Jim Silver in New York at +1-212-617-7342 or
jsilver@bloomberg.net
To contact the editors responsible for this story:
Andrea Snyder at +1-202-624-1831 or
asnyder5@bloomberg.net