Equatorial Clinches Celpa Buy

Equatorial Clinches Celpa Buy

Brazil M&A

Brazil’s Equatorial Energia has agreed to purchase control of power distributor Centrais Eletricas do Para (Celpa), it says. Equatorial will pay a nominal price of BRL1.00 for 39.1m shares, or 61.37% of the indebted unit of Grupo Rede. The agreement

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial