SAO PAULO, April 25- Oi SA on Monday formally started talks to restructure $14.3 billion of bonds, pitting some of the world's biggest investors against each other as Brazil's most-indebted phone carrier fights for its survival. Reuters reported earlier in the day that the group, which includes Pacific Investment Management Co, BlackRock Inc and Citadel LLC,...
Oi will start talks to restructure $14.3 billion of bonds as early as Monday, sources familiar with the situation said.
SAO PAULO, April 25- Oi SA will start talks to restructure $14.3 billion of bonds as early as Monday, sources familiar with the situation said, pitting some of the world's biggest investors against each other as Brazil's most-indebted phone carrier fights for its survival. According to a first source, Oi and adviser PJT Partners Inc will sit down with a group of...
MADRID, April 22- Spanish construction group FCC has reached a deal with creditor banks to buy back close to 400 million euros of debt at a discount, a source familiar with the matter said on Friday. FCC, which is partly owned by Mexican tycoon Carlos Slim, has been dealing with high debts for several years following a 2008 property market crash in Spain which sent...
SEOUL/ JAKARTA, April 22- Months after its global rollout, Netflix Inc is facing problems in several major Asian markets as it struggles to provide enough strong content to attract consumers amid tough local competition, and also faces many regulatory hurdles, underlining concerns about disappointing subscriber numbers reported this week.
MEXICO CITY, April 18- A shareholder meeting of Mexican telecoms giant America Movil, which is controlled by the family of billionaire Carlos Slim, voted to create a 12 billion peso stock purchase fund, the company said in a statement on Monday.
MADRID, April 5- Mexican billionaire Carlos Slim already has majority control of Spanish building and infrastructure company FCC before a full takeover bid is formalised, Spain's stock market regulator said on Tuesday. In a statement, the regulator said because Slim had lent money to FCC's second-biggest shareholder Esther Koplowitz, who owns 22.5 percent...
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