Oi S.A. (OIBR4.SA)

Sao Paolo - Sao Paolo Delayed Price. Currency in BRL
2.78-0.03 (-1.07%)
At close: 4:04 PM EDT
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Prev Close2.81
Bid2.77 x
Ask2.78 x
Day's Range2.77 - 2.82
52wk Range0.68 - 3.67
1y Target EstN/A
Market Cap2.24B
P/E Ratio (ttm)-0.26
Avg Vol (3m)8,873,689
Dividend & YieldN/A (N/A)
Earnings DateN/A
  • Reuters4 days ago

    Egyptian investor, bondholders mull bid for Brazil's Oi -sources

    Egyptian billionaire Naguib Sawiris and some creditors of Oi SA are considering pouring up to $1.5 billion into the debt-laden Brazilian telecoms carrier, whose in-court reorganization has failed to gain traction amid rows between bondholders and shareholders, two people with knowledge of the matter said. Under the terms of the plan, which remains preliminary, the equity injection into Oi would aim to cut its 65.4 billion reais ($21 billion) in debt and give Sawiris and his partners a stake of about 85 percent, said the sources. The purpose of the Sawiris-bondholder plan is to wrest control from Oi's current shareholders, including Portugal's Pharol SGPS SA and investment firm FIA Société Mondiale, and prepare a potential sale of the company within three years, said one source.

  • Reuters5 days ago

    Oi CEO says will not sell any Brazil assets for years - paper

    Oi SA will not sell any of its Brazilian assets for two or three years, its chief executive officer said, as the telecommunications operator seeks to emerge from Brazil's biggest ever bankruptcy protection. Marco Schroeder said, however, that initial talks over possible sales of stakes in carriers in Africa and Asia were ongoing, newspaper Valor Econômico reported.

  • Bloomberg6 days ago

    Oi May Part With PJT in Hunt for Brazilian Expertise, CEO Says

    Oi SA, operating in bankruptcy since June, is looking for a financial adviser with more experience in Brazilian law to aid negotiations with bondholders and may cut ties to PJT Partners.