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Altice to Pay Oi EU7B for Portugal Telecom Assets
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The video discusses the Brazilian telecoms business, focusing on an 8.8 billion USD offer for Portugal Telecom assets. The offer, valued at €7.025 billion, aims to unwind a previous merger and refocus on the Brazilian market. Financing will be through new debt and existing cash, aligning with Altys' strategy to expand in European markets. The video also highlights the underperformance of Oi's shares compared to the Brazilian market.
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