Sonae is making a bid to acquire Portugal Telecom
Article Abstract:
Industria e Investimentos S.A. of Portugal has offered a 10.7 billion Euros ($12.9 billion) bid for Correios e Telecomunicacoes de Portugal EP also of Portugal. The bid for the telecommunications company is 9.50 Euros per share. Correios e Telecomunicacoes de Portugal EP is the largest telecommunications company in Portugal and is a sign of consoidation in the industry in Europe.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
Heat rises on France Telecom
Article Abstract:
The French government's bailout of France Telecom is being investigated by the European Union. The EU has contracted external consultants to carry out the investigation.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: China Railcom to launch telecom services. PCCW tries entertainment. China Telecom's wireless suppliers to stay safe in shuffle
- Abstracts: Clock is Ticking for Tiscali. Tiscali says it cut losses in quarter as revenue leapt. Tiscali pro forma loss narrows
- Abstracts: Newbridge to acquire control of Korea First Bank. Managers remain positive on Asia despite slowdown
- Abstracts: Ahold acquires once more. The rise and fall of the biotech. Swiss mergers go global
- Abstracts: Deutsche Telekom yields tighten on solid quarter. Deutsche Telecom forecasts weak 1999