18 de julio de 2017 / 11:28 / en 4 meses

Brazil's Neoenergia says no decision made yet on potential IPO

BRASILIA, July 18 (Reuters) - Neoenergia SA, whose takeover of a smaller rival will turn it into Brazil’s No. 1 power utility by customers served, on Tuesday said it had yet to make a decision about whether to file for an initial public offering.

Neoenergia is working on a dual initial public offering in São Paulo and New York that could value it at around 35 billion reais ($11 billion), three people with direct knowledge of the plan told Reuters last week. (Writing by Silvio Cascione)

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