UPDATE 2-Brazil water firm Odebrecht Ambiental considers listing in 2015

viernes 19 de septiembre de 2014 12:49 GYT

* IPO could value Odebrecht Ambiental at $3 billion

* Firm could offer 25 pct of stock via capital increase

* CEO says wants to build a global water company

* Private equity large investor in Brazil water stocks (Adds Odebrecht ambitions, private equity in Brazil water stocks)

By Geert De Clercq

PARIS, Sept 19 (Reuters) - Odebrecht Ambiental, part of Brazil's Odebrecht conglomerate, plans to list some of its shares next year or in 2016 as it seeks to grow into a global water and waste treatment provider.

Odebrecht Ambiental is 70 percent owned by Grupo Odebrecht SA, Latin America's largest engineering group, and 30 percent by Brazilian worker compensation and retirement fund FGTS.

"We are planning an IPO (initial public offering) for 2015, no later than 2016, depending on market conditions," Odebrecht Ambiental CEO Fernando Santos-Reis told Reuters in an interview in Paris on Friday.

He said the funds raised would be used for new investments and acquisitions.   Continuación...