EDP - Energias do Brasil S.A. completed the acquisition of 14.5% stake in Centrais Elétricas de Santa Catarina S.A. from Angra Partners Volt Fundo de Investimentos em Ações managed by Angra Partners Gestão De Recursos S.A. for approximately BRL 240 million.
The conclusion of the transaction is subject to verification of certain conditions precedent, usual for this type of operation, among which are included approval by the Brazilian Anti-Trust Authority CADE and the approval of the National Supervisory Authority for Complementary Pension Plans (Superintendência Nacional de Previdência Complementar) PREVIC. The transaction has been approved by the management bodies of EDP. As on January 26, 2018, the transaction was approved by the Brazilian Anti-Trust Authority CADE. National Complementary Pension Plan Superintendence PREVIC approved the transaction on February 23, 2018.
EDP - Energias do Brasil S.A. (BOVESPA:ENBR3) completed the acquisition of 14.5% stake in Centrais Elétricas de Santa Catarina S.A. (BOVESPA:CLSC4) from Angra Partners Volt Fundo de Investimentos em Ações managed by Angra Partners Gestão De Recursos S.A. for approximately BRL 240 million on March 21, 2018.