Dos Santos drops Portugal Telecom bid

Terra Peregrin, the firm controlled by Angolan billionaire Isabel dos Santos, has withdrawn its €1.2 billion bid for Portugal Telecom SGPS, the part-owner of Brazilian operator Oi, after the offer was branded as too low last week by CMVM, Portugal’s …

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Portugal Telecom names date for vote on Altice bid

Portugal Telecom SGPS called a shareholder meeting for 12 January to vote on Altice’s €7.4 billion bid for Portuguese telecoms assets owned by Oi, in which PT SGPS is the largest shareholder. A vote was flagged up following the backing …

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