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Portugal Telecom move may boost Sonae bid

Authors :
Burns, Erik T.
Source :
Wall Street Journal. Europe. March 8, 2006
Publication Year :
2006

Abstract

Industria e Investimentos S.A. of Portugal has made an offer for Correios e Telecomunicacoes de Portugal EP of 11.1 billion Euros. Portugal Telecom S.A. is planning a payout to shareholders of 3 billion Euros ($3.61 billion) in buybacks and dividends.

Subjects

Subjects :
Portugal Telecom SGPS S.A. -- Finance
Portugal Telecom SGPS S.A. -- Mergers, acquisitions and divestments
Industria e Investimentos S.A. -- Mergers, acquisitions and divestments
Telecommunications services industry -- Mergers, acquisitions and divestments
Telecommunications services industry -- Finance
Communications industry -- Mergers, acquisitions and divestments
Communications industry -- Finance
Telecommunications services industry
Company financing
Company acquisition/merger
Banking, finance and accounting industries
Business
Business, international

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.142986053

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