By Brazil Stock Guide – Oi SA (OIBR3, OIBR4; ADR: OIBRQ), which is undergoing court-supervised restructuring, said a Rio de Janeiro business court authorized the publication of a notice to begin the judicial sale of its V.tal unit.
The decision was issued by the 7th Business Court of Rio de Janeiro and covers the sale of the isolated productive unit through the stake held by Oi and its subsidiary Rio Alto Investimentos, the company said in a filing.
The judge also scheduled a hearing to open bids for Thursday, March 5, 2026, at 3 p.m. local time. The sale is part of Oi’s recovery proceedings as the carrier seeks to raise cash and streamline its balance sheet.
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