Portuguese telecoms group Sonaecom has ceased to be an investor in ZOPT, previously a 50:50 joint venture with controversial Angolan businesswoman Isabel dos Santos, and has taken control of a 36.8% stake in Portuguese pay TV and broadband provider NOS as a result. Sonaecom effectively exchanged its stake in ZOPT for 26.075% of the share […]
Private equity groups Apax Partners and Bain Capital have made a rival bid for Portugal Telecom following Altice’s €7 billion bid for the company and Angolan businesswoman Isabel dos Santos’s counter-bid for the holding company for Portugal Telecom’s stake in Oi. The two private equity companies have made a €7.075 billion bid for the Portuguese […]
Isabel dos Santos, the businesswoman daughter of long-serving Angolan president José Eduardo dos Santos, and a major shareholder in Portuguese pay TV service provider Nos, has tabled a €1.211 billion bid for Portugal Telecom SGPS, the holding company that owns a minority stake in the merged Oi-Portugal Telecom. The bid of €1.35 a share by […]
