BRIEF-CCR to buy Odebrecht's stake in ViaRio for BRL 107.7 million

viernes 1 de julio de 2016 10:34 GYT

July 1 (Reuters) - CCR SA :

* Said on Thursday that it had reached agreement with Odebrecht Rodovias SA to buy its whole stake in concessionaire ViaRio for 107.7 million Brazilian reais ($33.4 million)

* ViaRio is the concessionaire responsible for deployment, operation, maintenance, monitoring, conservation and improvements of a 13 kilometre expressway in Rio de Janeiro

* The company holds a 33.33 percent stake in ViaRio, Odebrecht Rodovias SA holds another 33.33 percent stake and Investimentos e Participacoes em Infraestrutura SA - Invepar holds a 33.34 pct stake in the concessionaire

Source text:

Further company coverage:

($1 = 3.2242 Brazilian reais) (Gdynia Newsroom)