CORRECTED-Brazil's TIM approves agreement to buy 51% of I-Systems

Reuters

02/11

CORRECTED-Brazil's <a href="https://laohu8.com/S/TIMB">TIM</a> approves agreement to buy 51% of I-Systems

Corrects spelling of company name in paragraph 1; removes extra word in the headline

SAO PAULO, Feb 11 (Reuters) - Brazilian telecoms operator TIM SA TIMS3 board approved a share purchase agreement with IHS Fiber Brasil to buy 51% of the total share capital of I-Systems for 950 million reais ($182.75 million), the company said on Wednesday.

I-systems will become a wholly-owned subsidiary of TIM once the transaction if concluded, with TIM holding all of its shares, the telecoms operator added in a statement. The operation is subject to regulatory approval.

Reuters reported TIM's intentions earlier this month citing sources.

($1 = 5.1985 reais)

(Reporting by Isabel Teles; Editing by Aida Pelaez-Fernandez)

((Isabel.Teles@thomsonreuters.com;))

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The operation is subject to regulatory approval. </p><p>Reuters reported TIM's intentions <span>earlier this month</span> citing sources. </p><p>($1 = 5.1985 reais)</p><p> (Reporting by Isabel Teles; Editing by Aida Pelaez-Fernandez)</p><p> ((Isabel.Teles@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260211:nS0N3YE05I:1","article_id":"2610933743","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610933743","pubTimestamp":1770804427,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CORRECTED-Brazil's TIM approves agreement to buy 51% of I-SystemsCorrects spelling of company name in paragraph 1; removes extra word in the headline. SAO PAULO, Feb 11  - Brazilian telecoms operator TIM SA TIMS3 board approved a share purchase agreement with IHS Fiber Brasil to buy 51% of the total share capital of I-Systems for 950 million reais , the company said on Wednesday.I-systems will become a wholly-owned subsidiary of TIM once the transaction if concluded, with TIM holding all of its shares, the telecoms operator added in a statement. The operation is subject to regulatory approval. Reuters reported TIM's intentions earlier this month citing sources.   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