Brazil competition regulator signals 'complex' path for Oi sale approval [Financial Post (Toronto, Ontario, Canada)]
America Movil, S.A.B. de C.V. American Depositary Shares (each representing the right to receive twenty (20) Series B Shares (AMX)
Last america movil, s.a.b. de c.v. american depositary shares (each representing the right to receive twenty (20) series b shares earnings: 4/29 04:01 pm
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Source: Financial Post
telecom Oi SA as “complex,” suggesting that TIM, Telefônica Brasil and América Móvil's Claro may struggle to wrap up a quick sale. The three companies won an auction to buy Oi's mobile network operations for 16.5 billion reais ($3.17 billion) in December, pending regulatory approval, after Oi filed for bankruptcy protection in 2016. 19 best online deals in the Canadian retail space right now Advertisement The decision by Cade's superintendence informs whatever final move the full board of the regulator may give. ($1 = 5.2006 reais) (Reporting by Gabriel Stargardter Editing by Chris Reese) Advertisement Article content Share this article in your social network Advertisement In-depth reporting on the innovation economy from The Logic, brought to you in partnership with the Financial Post. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. This Week in Flyers
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News
- Claro Enterprise Solutions Recognized for Best Company Outlook 2024PR Newswire
- América Móvil, S.A.B. de C.V. (NYSE: AMX) had its price target raised by analysts at JPMorgan Chase & Co. from $15.00 to $17.50. They now have an "underweight" rating on the stock.MarketBeat
- América Móvil, S.A.B. de C.V. (NYSE: AMX) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $19.50 to $21.00. They now have a "neutral" rating on the stock.MarketBeat
- América Móvil, S.A.B. de C.V. (NYSE: AMX) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating.MarketBeat
- América Móvil, S.A.B. de C.V. (NYSE: AMX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat