Demarest e Almeida, Pinheiro Guimarães assist in telecom transaction

Demarest e Almeida has assisted Brazilian pension funds PREVI, PETROS, TELOS, VALIA, FUNCEF, BB-BI, SISTEL, FACHESF, AERUS, FAPES and OPERATE in the sale of a controlling stake in Americel and Telet, the Brazilian cellular telecommunications companies in the category Band B, to Bell Canada International BVI V Limited. The sale closed on September 25.