Oi to consider the sale of Portuguese assets to focus on Brazilian telecoms market consolidation

Oi S.A.; market cap (as of 14/11/2014): $4.16bn PT Portugal SGPS S.A.; market cap (as of 14/11/2014): $1.46bn Bain Capital LLC; AUM: $75bn Apax Partners; AUM: $20bn On November 12, 2014 two major private equity funds, Apax Partners and Bain Capial LLC, have submitted a €7.075bn offer for the Portuguese Read more…

Italian politics complicate the latest stage of a Telecom M&A Revival

Telefonica (Market Capitalization as of 27/09: €52.5bn) Telecom Italia (Market Capitalization as of 27/09: €10.6bn)   Recent news regarding Telefonica’s interest in Telecom Italia (“TI”) came to no surprise. The deal fits into the recent revival of dealmaking within the TMT sector and culminates months of speculation surrounding Telecom Italia. Read more…