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Angolan President’s Daughter Bids to Buy Portugal Telecom

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Isabel dos Santos, the daughter of Angola’s president, made a 1.2 billion-euro ($1.5 billion) bid for Portugal Telecom SGPS SA, the holding company that owns a minority stake in the carrier created from a merger with Brazilian telecommunications carrier Oi SA. Dos Santos, an investor in Portugal Telecom rival Nos…

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Click here to read the full story: Bloomberg Business Week

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