Clipping of news on Brazilian Culture, Law and Citizenship
10/02/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Hi s companies and Portugal Telecom announced early on Wednesday the signing of a merger agreement.
The shares of the new company, based in Brazil, will be listed on the Brazilian stock market, European and New York.
Also according to the agreement, will be an increase of minimum capital of 2.3 billion euros.
According to the document, it is a merger of PT by the new company.
According to Ricardo Salgado, Chairman of BES, the largest shareholder of Portugal Telecom, "the operation will determine today announced the creation of a large multinational company in Portuguese."
Source: Media News
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This article was translated by an automatic translation system, and was therefore not reviewed by people.