Rio Times
Equatorial Wins Control of Brazil Water Utility Copasa as Rival Quits
Brazil · Business Key Facts —The deal: Energy and sanitation group Equatorial won a 30% reference stake in Copasa, the state water utility of Minas Gerais. —The price: R$49.03 a share, above the R$47.23 floor, for about R$5.5bn ($1.09bn)…
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