Itemising the ‘deal’ put forward by French telecommunications giant Altice, Dinheiro Vivo website claims the multinational group wants to buy PT Portugal at “sale price”, offering just over €7 billion, which is effectively “only a little more than its €6.5 billion of debt”. Not included in the deal are PT’s loss-making operations in Africa and Timor, and the €900 million “loan” to failed Espírito Santo group subsidiary Rioforte.
November 30, 2023 Edition
PORTUGAL RESIDENT
Printed Edition