January 30, 2017 / 9:22 PM / a year ago

Orascom extends deadline of alternative plan for Brazil's Oi

SAO PAULO, Jan 30 (Reuters) - Orascom TMT Investments Sarl has voluntarily extended the deadline to consider an alternative in-court reorganization plan for Brazilian phone carrier Oi SA, which in June filed for the nation’s largest bankruptcy protection process ever.

In a securities filing on Monday, Oi said the decision will allow management and shareholders to examine Orascom’s suggestions for the reorganization. (Reporting by Guillermo Parra-Bernal; editing by Diane Craft)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below