Brazil's Bonaire to decide on CPFL stake buyout on Sept. 27

September 22, 2016 6:10 PM

1 0

SAO PAULO, Sept 22 An investment holding company comprised of four Brazilian pension funds will decide on whether to accept State Grid Corp of China's bid for their combined stake in CPFL Energia SA on Sept. 27.

Bonaire, as the investment holding company is known, disclosed the date in an email to Reuters on Thursday.

Also read: British American Tobacco Offers to Buy Remaining Reynolds Stake for $47 Billion

Read more

To category page