Equatorial in Flux as Energy M&A Simmers
As discussions for mergers and divestments gain traction in Brazil’s energy sector, Equatorial appears among the likeliest hotspots of activity. “Considering who [Equatorial’s] controlling partners are, the company is probably more willing to do deals than others,” says Equatorial CFO Eduardo Haiama, referring to M&A, strategic partnerships and asset sales. The Brazilian power distribution holdco is controlled by Pactual Capital Partners (PCP), which owns 55%, and...
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