Telefonica Brasil prices share offering for GVT purchase
April 27, 2015 at 19:17 PM EDT
RIO DE JANEIRO, April 27 (Reuters) - Telefonica Brasil SA said on Monday its board had approved a share offering priced at 47 reais ($16.12) for preferred shares and 38.47 reais for commons shares, as the company raises funds to buy broadband provider GVT.