Sunday, 15 July 2007

T.Italia close to Brasil Telecom stake sale-report

(Reuters) - Egyptian telecom operator Orascom Telecom pulled
out of talks to buy the Telecom Italia stake in Brasil Telecom
last month.




Brasil Telecom's controlling shareholders are a group of
Brazilian state-run pension funds and Citigroup , which
have said in the past they plan eventually to sell their stakes.


Read more at Reuters.com Mergers News

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