Radar > 241520

Oi receiving offers for Timor Telecom

Oi teria recebido três ofertas para aquisição de sua participação na Timor Telecom

Intel ID : 241520
Synopsis

Oi (BVMF:OIBR4;NYSE:TNE), a telecommunications company based in Brazil, would have received three offers for the acquisition of its stakes in Timor Telecom, reported Jornal de Negócios on October 10, 2016, citing sources whose names were not disclosed.

According to it, one offer was made by a group led by the Timorese businessman Abílio Araújo. A second offer was made by ETO group, led by the timorese businessman Nilton Gusmão, and the third offer by a Fiji pension fund.

The three bidders have already shown interest in Timor Telecom (see related Intels).
(content in portuguese)

A Oi (BVMF:OIBR4;NYSE:TNE), empresa brasileira de telecomunicações, teria recebido três ofertas para aquisição de sua participação na Timor Telecom, segundo publicou o Jornal de Negócios em 10 de outubro de 2016, citando fontes cujos nomes não foram divulgados.

De acordo com a publicação, uma das ofertas foi feita por um grupo liderado pelo empresário timorense Abílio Araújo, outra oferta foi feita pelo grupo ETO, liderado pelo empresário timorense Nilton Gusmão, e a terceira por um fundo de pensões das Fiji.

Os três interessados já teriam demonstrado interesse pela Timor Telecom (ver Intels relacionados).

Bidder

Private Shareholders I potential
East Timor

Target

Seller

Oi
Brazil

Intel ID 241520
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Timor Telecom
(31 Dec 2015)

Net Debt: EUR 23,88m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential

Bidder

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Services and Distribution / Transport, Aviation and Logistics
Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.