BRIEF-CCR presents proposal to increase its stake in VIAQUATRO
July 1 (Reuters) - CCR SA :
* Said on Thursday that it had presented to Montgomery Participacoes SA a binding proposal to buy 50 percent of its stake in Concessionaire of Line 4 of the Sao Paulo Subway (VIAQUATRO) for 170.2 million Brazilian reais ($53.0 million)
* The company currently holds a 60 percent stake in the concessionaire, Montgomery Participacoes SA holds a 30 percent stake and Mitsui & Co Ltd holds a 10 percent stake
Source text: bit.ly/29aB1oN
Further company coverage:
($1 = 3.2097 Brazilian reais) (Gdynia Newsroom)
© Thomson Reuters 2016 All rights reserved.