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Italian energy giant Enel has increased its stake in Brazilian electricity distributor Eletropaulo to 93.
3 percent
of total invested capital, according to a regulatory filing.
Italian energy giant Enel's stake in Brazil's Eletropaulo increased to 93.
3 percent
Eletropaulo said Enel Brasil Investimentos Sudeste SA had purchased 9.
28 million shares
from minority shareholders who requested the sale.
These shares are equivalent to 5.
5% equity
.
Enel currently holds approximately 156.
16 million shares
issued by Eletropaulo.
Last month, Enel acquired a 73.
4 percent stake
in Eletropaulo after a fierce competition with Spain's Iveldrora's Neoenergia SA.
Enel paid a total of $1.
44 billion to acquire a controlling stake
.
,
Italian energy giant Enel has increased its stake in Brazilian electricity distributor Eletropaulo to 93.
3 percent
of total invested capital, according to a regulatory filing.
Italian energy giant Enel's stake in Brazil's Eletropaulo increased to 93.
3 percent
3 percent
Eletropaulo said Enel Brasil Investimentos Sudeste SA had purchased 9.
28 million shares
from minority shareholders who requested the sale.
These shares are equivalent to 5.
5% equity
.
Enel currently holds approximately 156.
16 million shares
issued by Eletropaulo.
Last month, Enel acquired a 73.
4 percent stake
in Eletropaulo after a fierce competition with Spain's Iveldrora's Neoenergia SA.
Enel paid a total of $1.
44 billion to acquire a controlling stake
.
,