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Sunday, September 25, 2022

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    Buyers of Oi Móvel (OIBR3) agree to extend the term for the adjusted price of the operation

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    As a result, the deadline for submitting the documentation was set for September 17 (Image: Adobe Stock/Montagem Giovanna Figueredo)

    THE clear reported this Monday that the company and rivals TIM (TIMS3) and Telefonica Brazil (VIVT4) entered into an agreement to extend for 30 days the submission of the adjusted closing price calculation for the purchase of the assets of Hi Mobile (OIBR3), second relevant fact.

    As a result, the deadline for sending the documentation was set for September 17, “the period in which the buyers will keep the amount withheld to offset amounts due to possible post-closing adjustments and other indemnification obligations provided for in the contract,” he said. the company without giving details.

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    According to Claro, the extension occurred due to the “complexity” of the analysis of the information “to be exchanged by the parties”.

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    Source: Moneytimes

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