Telefonica Brasil raises $5.3 bln with share offering

miércoles 6 de mayo de 2015 09:05 GYT
 

SAO PAULO May 6 (Reuters) - Telefonica Brasil SA raised 16.1 billion reais ($5.3 billion) in a share offering aimed at funding its acquisition of broadband provider GVT from France's Vivendi SA, according to a securities filing on Wednesday.

($1 = 3.05 Brazilian reais) (Reporting by Brad Haynes; Editing by Chizu Nomiyama)