Key Points — A Rio de Janeiro court approved BTG Pactual’s R$4.5 billion ($849 million) bid for Oi’s 27.2% stake in V.tal — Brazil’s largest fiber-optic infrastructure company — overruling creditor objections and giving BTG 100% ownership — The deal values V.tal at roughly 14x EBITDA — but creditors, including PIMCO and Ashmore, argued the […]
The post BTG Pactual Takes Full Control of V.tal After Judge Overrides Creditor Veto appeared first on The Rio Times.
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