Radar > 239309

Grupo Cemig hires Banco Itaú BBA to advise on Gasmig

Grupo Cemig contrata Banco Itaú BBA para assessorar sobre a Gasmig

Intel ID : 239309
Synopsis

Grupo Cemig (BVMF: CMIG4; NYSE: CIG), headquartered in the state of Minas Gerais and which works on electric energy, telecommunications and natural gas sectors, has hired Banco Itaú BBA as a financial advisor to carry out new businesses that may capitalize on its subsidiary Gasmig, reported the company itself in Fato Relevante of 01 August, 2016.

Grupo Cemig wants to achieve new businesses that may capitalize Gasmig, intended to finance works and expand its operations in the state of Minas Gerais.
(content in portuguese)

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, contratou o Banco Itaú BBA como assessor financeiro com o objetivo de realizar novos negócios que possam capitalizar a sua controlada Gasmig, segundo publicou a própria empresa em fato relevante do dia 1º de agosto de 2016.

De acordo com a publicação, o Grupo Cemig quer realizar novos negócios que possam capitalizar a Gasmig com a intenção de financiar obras e ampliar sua atuação no estado de Minas Gerais.

Target

Cemig
Brazil

Advisors

retained

Intel ID 239309
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Cemig
(31 Dec 2023)
Revenue: -
EBITDA: -
Net Debt: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
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

Related Entity

Name
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Primary Sector (TTRSC)
20.02.05 Oil & Gas Exploration & Production (Upstream)
20 Energy & Utilities / 20.02 Oil, Gas & Consumable Fuels

Country
Website
Description

Financial Advisory

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.