Judge In Charge Of Oi Group Recovery Approves Multiple Asset Sale, Including That Of 5 Data Centers Being Executed By Piemonte Holding

SAO PAULO, Oct. 6, 2020 /PRNewswire/ — Fernando Viana, the Rio de Janeiro court judge in charge of Oi Group (OIBR.C) judicial recovery, approved a multiple asset sale of R$22 billion last Monday (5), following Creditors support. The deal includes 5 Data Centers being purchased by Brazilian financial group Piemonte Holding.

Judicial approval of Oi Group asset sale (Data Centers, Oi Mobile and Towers) comes after the creditors general assembly held in September, and a statement from Rodrigo Abreu, CEO of Oi, on Friday, October 2nd, saying that the sale to Piemonte Holding, as well as the others, are a “deal done, with few steps remaining.”

The important approval from Judge Fernando Viana also comes right after a shareholders meeting of Piemonte Holding financial group ensured and expanded support to the acquisition from Oi in Judicial Recovery.

Other than voting on Oi deal support, Piemonte Holding

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Three dead as multiple wildfires in California burn homes, prompt evacuations

Multiple blazes were burning out of control in Northern California on Monday, killing three people, destroying an untold number of homes and prompting thousands to evacuate in a state already battered by wildfires in recent months.

Eddy Whitmore evacuates from his Santa Rosa, Calif., home as the Shady Fire approaches on Sunday, Sept. 27, 2020.Noah Berger / AP

In Shasta County, Sheriff Eric Magrini said that three people died after the Zogg Fire exploded in size, jumping from a few hundred acres Sunday afternoon to 15,000 less than 24 hours later.

Magrini did not provide additional details about the victims, saying that their next of kin still need to be notified. But he pleaded with residents to heed evacuation orders.

“This is fast-moving,” he said. “When you hear that order, evacuate immediately.”

According to the California Department of Fire and Forest Protection, or Cal Fire, the blaze, which ignited

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Halstatt Real Estate Partners Announces Multiple Residential Property Sales

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3 “Strong Buy” Stocks That Are Flirting With a Bottom

In the investing game, it’s not only about what you buy; it’s about when you buy it. One of the most common pieces of advice thrown around the Street, “buy low” is touted as a tried-and-true tactic.Sure, the strategy seems simple. Stock prices naturally fluctuate on the basis of several factors like earnings results and the macro environment, amongst others, with investors trying to time the market and determine when stocks have hit a bottom. In practice, however, executing on this strategy is no easy task.On top of this, given the volatility that has ruled the markets over the last few weeks, how are investors supposed to gauge when a name is flirting with a bottom? That’s where the Wall Street pros come in.These expert stock pickers have identified three compelling tickers whose current share prices land close to

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