Enel Brasil Investimentos Sudeste, S.A. made an offer to acquire remaining 4.1% stake in Eletropaulo Metropolitana Eletricidade de São Paulo S.A. (BOVESPA : ELPL3) for approximately BRL 390 million on June 26, 2019. As part of the consideration, Enel Brasil Investimentos Sudeste, S.A. will pay BRL 48.28 per share for 8.13 million shares. The transaction is subject to the approval of the request for registration of the Offer by the CVM and the other conditions set forth in the Offer notice, to be timely published. As of October 17, 2019, Brazilian securities regulator CVM has approved the transaction. Enel Brasil Investimentos Sudeste, S.A. cancelled the acquisition of 4.1% stake in Eletropaulo Metropolitana Eletricidade de São Paulo S.A. (BOVESPA : ELPL3) on June 26, 2020.