Sonae

Sonae, which is founded and helmed by billionaire Belmiro de Azevedo, was criticized by PT's chief executive as having "no a long-term strategy or vision."

Portugal Telecom Snubs Billionaire, May See New Bid 2006

Wal-Mart acquired the Bompreço chain in northernBrazil in 2004 from Dutch retailer Koninklijke Ahold NV, and the Brazilian operations of Portuguese retailer Sonae SGPS SA in 2005.

Wal-Mart Again Eyes Carrefour's Brazil Unit Anupreeta Das 2011

This approach stems in part from Wal-Mart's acquisitions earlier this decade of two large regional retailers, Bompreco and Sonae, which were fluent in local customs.

After Early Errors, Wal-Mart Thinks Locally to Act Globally 2009

Last year, he made the best profit predictions on cable and satellite television provider PT Multimedia, industrial conglomerate Sonae and IT service provider Novabase.

Top Ten Earnings Estimators Overall 2006

They managed to accomplish this by buying 140 stores from Portugal's Sonae for $757 million.

Wal-Mart entered the Mexican marketplace... 2006

Sonae also announced at a news conference last night that it was willing to let the government keep its controversial "golden share" in the once state-owned monopoly, which reportedly allows it to nominate the chairman and veto the CEO.

Portugal Telecom Snubs Billionaire, May See New Bid 2006

The country's main telecoms operator Portugal Telecom in February received--and subsequently snubbed--an audacious $12.6 billion bid from its pint-sized rival Sonae SGPS, founded and run by Portugal's sole billionaire Belmiro de Azevedo.

Sarin's Vodafone Objects To Portugal Telecom Bid 2006

That said, the winner of any potential bidding war would have to overcome a political impasse to which Sonae may already have the upper hand.

Portugal's Richest Man Moves In For Telecom Giant 2006

Belmiro de Azevedo, the founder and chief executive of one of the country's leading retail conglomerates Sonae SGPS, recently took the marketplace by surprise when he put in a $12.6 billion take over bid for Portugal Telecom.

Portugal's Richest Man Moves In For Telecom Giant 2006

The Madiba Forestry Consortium comprises the international wood-processing leader Sonae - one of the largest listed companies in Portugal, Madiba Mills and the York Timber Organisation Limited

ANC Daily News Briefing 1999