Announced
Financials
Sources
Tags
Private
Domestic
Friendly
Brazil
Auction
Majority
Pending
fiber optics
Acquisition
Telecommunications Equipment
Synopsis
BTG Pactual, a Brazilian investment bank, agreed to acquire a 57.9% stake in InfraCo, a fiber optic business of Oi, a fixed telephone operator, for $2.46bn. Enel and Cinven-backed Ufinet Telecom also submitted a nonbinding offer to acquire InfraCo.
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