Oi Investor Tanure Escalates Board Spat With Court Filing

  • Magnate’s complaint challenges overlap with Pharol board
  • Tanure seeks board shakeup amid $20 billion bankruptcy case

Brazilian magnate Nelson Tanure, pushing for control of Oi SA, is challenging whether the beleaguered phone company’s largest shareholder Pharol SGPS SA can legally hold seats on the board, according to bankruptcy court proceedings.

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