Bloomberg News

Soros and Foxx In Talks to Buy Brazil’s Haztec, Estado Says

June 01, 2012

George Soros and Sao Paulo-based Foxx Group are in talks to acquire Haztec Tecnologia & Planejamento Ambiental SA, a Brazilian environmental services company, for about 800 million reais ($396 million), O Estado de S. Paulo reported, citing unidentified people involved in the deal.

Haztec declined to comment while Foxx denied the acquisition plan and said it’s analyzing investment opportunities, according to O Estado.

To contact the reporter on this story: Katerina Petroff in Sao Paulo at kpetroff@bloomberg.net

To contact the editor responsible for this story: Telma Marotto at tmarotto1@bloomberg.net


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