Bloomberg News

EcoRodovias to Pay 540.4 Million Reais for Aba Porto Stake

May 19, 2012

EcoRodovias Infraestrutura & Logistica SA (ECOR3) agreed to pay 540.4 million reais ($267 million) for a 41.3 percent stake in Aba Porto Participacoes SA, which controls a container terminal at Brazil’s Port of Santos, the company said in a regulatory filing yesterday.

EcoRodovias may buy the remaining shares in Aba Porto in the next 12 months, according to the filing.

To contact the reporter on this story: Lucia Kassai in Sao Paulo at lkassai@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net


Later, Baby
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus