CCR adds to stake in Rio light rail

CCR adds to stake in Rio light rail

Equity Project & Infrastructure Finance Railroads Brazil

Brazilian infrastructure company CCR has added to its controlling stake in the VLT Carioca light rail concessionaire in Rio de Janeiro, buying the shares held by transit fare collection company RioPar Participações for an undisclosed amount, according to a securities filing. CCR said its subsidiary Companhia de Investimentos em Infraestrutura e Serviços (CIIS) reached a deal to acquire RioPar's 6.33% stake in VLT Carioca and increased its share in the concessionaire to 87.2%. CCR also assumed al

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