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  • Oi, Pharol closes deal to end litigation

    1/9/19
    Brazilian telco Oi entered into an agreement with shareholder Bratel/Pharol, linked to Portugal Telecom, to end "any and all judicial and extrajudicial litigation in Brazil, Portugal and all the various countries where there are...

  • Petrobras interrupts assets sale

    7/3/18
    Brazil state-run oil firm Petrobras stopped its assets sale program due to a decision by a supreme court judge, who ruled that all privatizations which include asset control sale must be approved by legislators. Petrobras...

  • Petrobras interrupts assets sale

    7/3/18
    Brazil state-run oil firm Petrobras stopped its assets sale program due to a decision by a supreme court judge, who ruled that all privatizations which include asset control sale must be approved by legislators. Petrobras...

  • Oi's new reorg plan to provide fresh cash

    12/13/17
    Brazilian telco Oi's latest judicial reorganization plan foresees the injection of 4bn reais (US$1.2bn) by creditors via a debt-to-equity conversion. The plan – which was signed off by major bondholders that are the telco'...

  • Court delays Oi general creditors' meeting

    9/28/17
    The corporate court in Rio de Janeiro overseeing the bankruptcy case of Brazilian telco Oi has granted the company's request to postpone a general meeting of creditors. The first call for the meeting was scheduled for October 9,...