4 de julio de 2017 / 22:01 / en 5 meses

Brazil's Renova confirms receiving formal bid from Brookfield

SAO PAULO, July 4 (Reuters) - Brazil’s renewable energy company Renova Energia SA confirmed in a securities filing on Tuesday having received a formal bid from Canada’s Brookfield Asset Management Inc.

Reuters reported on Monday that Brookfield offered to inject 800 million reais ($242 million) into Renova and buy a 16 percent stake in the firm owned by local power company Light SA for the equivalent of 9 reais a share. Renova did not disclose financial details of the bid. Its shares jumped 6 percent on Tuesday to 7.47 reais. (Reporting by Tatiana Bautzer; Editing by Jonathan Oatis)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below