CESP owners move to take full control

CESP owners move to take full control

Equity Corporate & Sovereign Strategy Capital Markets Energy Brazil

Votorantim Energia and the Canada Pension Plan Investment Board (CPPIB) are preparing a public tender to take full control of the São Paulo power company CESP. Votorantim and CPPIB agreed to pay BRL1.7bn ($457m) for 71.2% of CESP in October last yea

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