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By Gerry Shih and Paul Carsten BEIJING (Reuters) - Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company. It is not clear if Nadella, who took over as Microsoft CEO in February, will meet with any Chinese government representatives as part of his visit, or try to resolve issues with the State Administration for Industry and Commerce (SAIC), one of China's antitrust regulators.
The battle over Brazil's telecoms market ratcheted up on Thursday as European competitors Telecom Italia and Telefonica made rival offers for Vivendi's Brazilian broadband unit GVT. Telecom Italia said it had offered to buy GVT in a cash-and-share bid that values the broadband company at 7 billion euros ($9.3 billion). Spanish rival Telefonica said it had upped a previous 6.7 billion euro bid for GVT to 7.45 billion euros, increasing the cash component of the initial offer made at the start of August. Vivendi, which previously tried to sell GVT in 2013, confirmed it had received the two binding offers and said its supervisory board would examine them at a meeting later in the day.