Portugal Telecom's secondary share sale under threat

Next month's secondary sale of shares in Portugal Telecom, the national telecoms carrier, is in doubt after the poor market reception of other telecom companies this week.

This week's share sales include IPOs for Telefónica in Spain, Telekom Austria in Austria and the secondary sale by KPN in the Netherlands.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

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