Mexican billionaire and telecoms tycoon Carlos Slim is not in talks with shareholders and management of Portugal Telecom (PT) to fend off a bid for the Portuguese company’s Brazilian mobile unit, according to Slim’s spokesman, notes Dow Jones Newswires. Reports yesterday suggested Slim was considering stepping in to prevent a hostile takeover of PT by Telefonica.
Recommended for You
Be the first to know.
Subscribe to our newsletter today.
You'll gain exclusive access to breaking news, expert analysis, and in-depth features delivered right to your inbox.
Comments