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UPDATE 1-Brazil's Grupo Oi CEO Zeinal Bava resigns

October 08, 2014

RIO DE JANEIRO, Oct 7- Brazilian telephone and wireless carrier Grupo Oi SA said its Chief Executive Officer Zeinal Bava had resigned from the company with immediate effect on Tuesday, potentially paving the way for a sale of the company's Portuguese assets. Oi is in the process of selling non-core assets to pay down its debt and allow it to better jostle for...

Source: http://www.cnbc.com/id/102068610
 
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