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5.4

B3 delists Oi shares after bankruptcy declaration

Brazilian telecom Oi received notice that B3 will delist its common and preferred shares following its bankruptcy declaration. This marks a final step in Oi's financial collapse, removing its equity from public trading. The delisting reduces investor recovery prospects and signals the end of Oi's public-market presence.

Valor Econômicoabout 8 hours agoBRCredibility 44%View source

Score Breakdown

Mosaic Score5.4
Confidence0.9
Significance0.5
Source credibility0.4

Intelligence Tags

Locations

São Paulo

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country
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