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Telefónica finalises €4.7bn GVT acquisition

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Telefónica and Vivendi have signed the final agreement for the sale of Global Village Telecom, GVT, to Telefónica, a move that reinforces the Spanish telco’s leadership in Brazil, and is expected to generate synergies of at least €4.7 billion, Both companies agreed August 29 to enter into exclusive negotiations for this transaction, which includes a cash consideration of €4.663 billion […]

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