SonaeCom-PT deal raises the stakes in Portugal
SonaeCom’s hostile E13.9bn (£9.39bn) bid for Portugal Telecom (PT) is raising competition, regulatory, commercial and political issues never seen before in Portugal. A swathe of firms is advising on the bid, while there is preparation for a counter-offer from a private equity consortium said to include Blackstone, Cinven, Kohlberg Kravis Roberts & Co, Permira, Providence […]