ENEL DISTRIBUIÇÃO SÃO PAULO Enel, through a Brazilian subsidiary, is offering to pay 48.28 reais per Eletropaulo common share, aiming to delist the company. Enel acquired Eletropaulo last year for around $1.5 billion.
(Reporting by Carolina Mandl; Editing by Chizu Nomiyama)
Eletropaulo Metropolitana Eletricidade de São Paulo : Italian utility Enel launches tender offer for Eletropaulo shareholders - filing
June 27, 2019 at 08:46 am EDT
Share
SAO PAULO (Reuters) - Italian utility Enel launched on Thursday a tender offer to purchase a 4.1% stake in its Brazilian power distribution company Eletropaulo Metropolitana that was still in the market, according to a securities filing.
Share
