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To: TobagoJack who wrote (60653)2/3/2010 9:08:27 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 217846
 
Interesting post from the knowledge accumulation thread :o) Message 26294230



To: TobagoJack who wrote (60653)2/4/2010 2:10:55 AM
From: elmatador  Respond to of 217846
 
Here you can see that the Europeans had capital that spread in investments abroad. Today, they do not have more capital to keep fueling the growth and to face the competition in Brazil. Now they need to bulk up at home to grow abroad.

Telecom Italia SpA's second-largest investor said a merger with Telefonica SA may shore up the Spanish company's efforts to build sales in Brazil.

``A full merger with Telecom Italia would solve Telefonica's problems in Brazil,'' Marco Fossati, whose family is the second-largest shareholder of the Italian company, said Wednesday in an interview

miamiherald.com