(Bloomberg) -- Portugal Telecom SGPS SA's talks with
some shareholders of Tele Norte Leste Participacoes SA, Brazil's
biggest phone company, regarding possible business opportunities
have ended, the Lisbon-based company said today in a regulatory
filing.
Portugal Telecom said May 31 that it had agreed to resume
talks with some of Tele Norte's shareholders ``to explore
investment alternatives.'' The company said it hadn't presented
any proposals to buy Tele Norte shares.
Read more at Bloomberg Emerging Markets News
some shareholders of Tele Norte Leste Participacoes SA, Brazil's
biggest phone company, regarding possible business opportunities
have ended, the Lisbon-based company said today in a regulatory
filing.
Portugal Telecom said May 31 that it had agreed to resume
talks with some of Tele Norte's shareholders ``to explore
investment alternatives.'' The company said it hadn't presented
any proposals to buy Tele Norte shares.
Read more at Bloomberg Emerging Markets News
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