Radar > 231256

Equatorial Energia negotiates acquisition of stake in Parati and indirectly in Light

Equatorial Energia estaria negociando compra de participação na Parati e indiretamente na Light

Intel ID : 231256
Synopsis

Equatorial Energia (BVMF: EQTL3), a producer and distributor of electricity, could be negotiating with Grupo Cemig (BVMF:CMIG4; NYSE:CIG), a company engaged in electricity, telecommunications and natural gas based in Minas Gerais, could acquire a stake in Light (BVMF: LIGT3), as published by Valor Econômico on 10 November 2015.

According to the news, these talks are in its preliminary stages, and began after Fundo Redentor FIP informed Grupo Cemig (BVMF:CMIG4; NYSE:CIG) of its plans to exercise its option to sell its stake in investment vehicle Parati. This means that FIP Redentor wants to sell its stake in Parati, one of the companies that owns a stake in Light (BVMF: LIGT3).
(content in portuguese)

A Equatorial Energia (BVMF: EQTL3), que se dedica à produção e distribuição de energia elétrica, estaria negociando com o Grupo Cemig (BVMF:CMIG4; NYSE:CIG), com sede no estado de Minas Gerais e que se dedica ao segmento de energia elétrica, telecomunicações e gás natural, sua entrada no capital da Light (BVMF: LIGT3), segundo publicou o Valor Econômico em 10 de novembro de 2015.

De acordo com a notícia, as conversas, que estão em fase preliminar, começaram depois que o Fundo Redentor FIP informou ao Grupo Cemig (BVMF:CMIG4; NYSE:CIG) que deseja exercer a opção de venda que tem contra a elétrica mineira de sua participação no veículo de investimento Parati. Isto é, o FIP Redentor quer vender sua participação na Parati uma das empresas que tem participação na Light (BVMF: LIGT3).

Target

Brazil

Intel ID 231256
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Parati
(31 Dec 2015)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.03.05 Electric Utilities
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Secondary Sectors (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

Country
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.03.10 Power Transmission & Distribution
20 Energy & Utilities / 20.03 Power Generation & Electric Utilities

Secondary Sectors (TTRSC)
20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

35.03.04 Electrical Infrastructure Construction & Engineering
35 Industrials / 35.03 Construction & Engineering

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect 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.