Telefônica Brasil Completes Acquisition of Fibrasil
I'm PortAI, I can summarize articles.
Telefônica Brasil S.A. has completed its acquisition of Fibrasil Infraestrutura e Fibra Ótica S.A., increasing its stake to 75.01% by acquiring 50% of shares from La Caisse Group for over R$ 858 million. This acquisition is pending ratification at the General Shareholders’ Meeting. Analysts rate VIV stock as a Buy with a $14.50 price target, citing strong financial performance and strategic expansions in mobile and fiber connectivity. The company has a market cap of $20.36B and an average trading volume of 748,199.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments