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Egyptian billionaire Naguib Sawiris said he's prepared to invest in Oi SA, the Brazilian wireless carrier that filed for bankruptcy protection on $19 billion in debt this week.Sawiris said that a merger between Oi and Tim Participacoes makes "a lot of sense," but that first Oi needs to stand on its own feet.Sawiris didn't specify what shape his investment could take. His interest in buying Oi was first reported by Estado de S. Paulo columnist Sonia Racy.Worth $4 billion, according to the Bloomberg Billionaires Index, Sawiris helped shape Italy's phone industry. In 2005, he bought wireless carrier Wind in a 12.2 billion-euro deal from utility company Enel SpA and then sold it six years later to VimpelCom Ltd., the carrier part-owned by Fridman.
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