Shares in Brazilian telecoms firm Oi SA were posting strong gains after it received a higher offer for its mobile unit, driving shares of rivals Telefonica Brasil SA and TIM Participacoes SA sharply down.
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Brazil's TIM and Vivo shares slide after Highline bids higher for Oi's mobile assets
Brazil's TIM and Vivo shares slide after Highline bids higher for Oi's mobile assets
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