Similar Stories to Telefonica Raises Cash For $8 Billion Brazil Deal on Bing News

Telefónica has taken the plunge with a two-pronged stock sale to raise the cash to pay for part of its $7.96 billion takeover of Brazilian cable operator GVT from France’s Vivendi.

Topics:  brazilian   gvt   france s   vivendi   cash   billion   
BING NEWS:
  • Brazil Congress approves bill to keep tax incentives for events industry
    Brazil's Senate on Tuesday approved a bill maintaining tax incentives for the meetings and conferences sector until the end of 2026, which now needs President Luiz Inacio Lula da Silva's approval to ...
    04/30/2024 - 12:28 pm | View Link
  • US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened
    FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter ...
    04/25/2024 - 4:53 am | View Link
  • Crisis in Brazil’s Congress Gives Lula $18.5 Billion in New Fiscal Headaches
    Tensions between President Luiz Inacio Lula da Silva’s administration and Brazil’s Congress are threatening to deal significant setbacks to the government’s efforts to shore up public accounts. Most ...
    04/22/2024 - 3:14 am | View Link
  • Brazil’s innovative Pix banking system is replacing cash and credit cards
    Kelvin Quadros Winck works at a local cellphone accessory store in Brazil. He said that while his customers do occasionally use debit and credit cards to pay, it’s rare that any of them use cash. ...
    04/17/2024 - 12:40 pm | View Link
  • Spain Raises Stake in Telefonica to 5% to Surpass Saudi Holding
    according to a regulatory filing. The 5% holding is valued at about €1.1 billion ($1.2 billion) as of Monday’s closing price.
    04/15/2024 - 6:19 am | View Link
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