Egyptian billionaire Naguib Sawiris and Oi‘s bondholders have proposed investments worth R$37bn (US$11bn) over five years in exchange for 95% of the struggling Brazilian telco. The restructuring plan includes an immediate injection of capital totalling US$1.25bn and taking control of the company with immediate effect through a debt-for-equity swap. Egyptian billionaire Naguib Sawiris and Oi‘s (BMV:OIB4) bondholders […]