Camargo Corrêa does not rule out selling CPFL Energia stake
Camargo Corrêa não descarta venda de sua participação na CPFL Energia
Intel ID : 230213
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Brazil-based Camargo Corrêa, headquartered in São Paulo, does not rule out selling its stake in CPFL Energia, as published by Estadão on 5 October 2015. The company operates in the cement, energy grants, transportation grants, engineering, construction, apparel and footwear, incorporation and naval sectors. According to the news, Camargo Corrêa will use these resources to reduce debt and with a reserve to pay heavy fines.
(content in portuguese)
A brasileira Camargo Corrêa, com sede em São Paulo, não decarta vender sua participação na CPFL Energia, segundo publicou o Estadão em 5 de outubro de 2015. A empresa atua nos setores de cimento, concessões de energia, concessões de transporte, engenharia e construção, vestuário e calçados, incorporação e naval. De acordo com a notícia, a empresa vai utilizar os recursos para reduzir seu endividamento e como reserva para pagamento de pesadas multas. |
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Financial Data - CPFL Energia
(31 Dec 2024) |
Revenue: EUR 6.654,73m EBITDA: EUR 2.050,26m Net Debt: EUR 3.940,44m Exchange Rate:
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20.04.04 Hydro Power 20 Energy & Utilities / 20.04 Renewable Energy |
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25.04.03 Holding Companies / Financial Holding Companies 25 Financial Services / 25.04 Other Financial Services |
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25.04.03 Holding Companies / Financial Holding Companies 25 Financial Services / 25.04 Other Financial Services |
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10.01.02 Consulting & Professional Development Services 10 Business Services / 10.01 Business & Professional Support Services |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.