Oi creditors win court stay blocking R$ 4.5 billion V.tal unit sale approval

• Oi’s restructuring court sale of the UPI V.tal fiber unit was suspended by a Rio de Janeiro state appeals judge on June 26.
• The ruling blocks the effects of the lower-court decision that had confirmed the winning bid for 100% of Oi’s stake in V.tal.
• The bid, led by BTG Pactual-affiliated investors, valued the asset at BRL 4.5 billion.
• The suspension was granted in appeals filed by UMB Bank, SC Lowy Primary Investments, and PIMCO-related funds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oi SA em Recuperação Judicial published the original content used to generate this news brief on June 28, 2026, and is solely responsible for the information contained therein.