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AMOV - America Movil SAB De CV News Story

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Sector
Telecoms
Size
Large Cap
Market Cap £34.90bn
Enterprise Value £59.31bn
Revenue £36.26bn
Position in Universe 252nd / 6851

BRIEF-Telefonica Chosen As One Of The "Stalking Horses", A Preferential Status, In Oi Group Bid

Tue 8th September, 2020 6:39am
Sept 8 (Reuters) - Telefonica SA  TEF.MC :
    * SAYS ITS UNIT TELEFONICA BRASIL, TOGETHER WITH TIM AND
CLARO,
WERE QUALIFIED BY OI GROUP AS "STALKING HORSES" IN THE
COMPETITIVE PROCESS OF DISPOSAL
    * SAYS AS "STALKING HORSES" BIDDERS WILL HAVE THE RIGHT TO
COVER
THE HIGHEST VALUE OFFER THAT MAY BE PRESENTED IN THE COMPETITIVE
PROCESS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nCNM7GDtbk
    
 Further company coverage:  TEF.MC  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))
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