date:Feb 20, 2014
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We are going to continue looking to sell more assets. Everything we consider non-core we're going to sell, Bava told analysts on a conference call. Any cash from asset sales will be used to pay debts or create financial flexibility.
Oi is one of many companies in Brazil, from sugar producers to food processors, that are streamlining operations to bolster returns as the economy turns sour. Sliding consumer confidence and tougher competition have weighed especially on the cou