Taesa Nudges Back Equity Sale
Jul 11, 2012
Brazil's Transmissora Alianca de Energia Eletrica (Taesa) has pushed back the pricing of its BRL1.2bn-plus ($588m) equity sale to July 19 from July 18, it says. In the “re-IPO” sale the Cemig-controlled transmission operator plans to sell 20m units at BRL60.00-BRL70.00 each. This would indicate a BRL1.50bn...
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