Copasa
Coverage of Copasa in the Nexus archive.
- A Fund Just Took a Fifth of Brazil’s Newly Privatized Water Giant Copasa
Brazilian asset manager Perfin increased its stake in privatized water utility Copasa to 20.11%, becoming the second-largest shareholder. Copasa's privatization closed on the São Paulo exchange on June 16, raising R$8.38bn ($1.66bn) and ending 52 years of state control.
- Copasa Relaunches Share Offering After Bids Came Below Minimum
Copasa has relaunched a share offering after initial bids fell below the minimum required. The company operates in Belo Horizonte, Brazil.
- Copasa Shares Tumble After Bids for Stake Fall Below Minimum Price
Copasa shares fell sharply after bids for a stake in the company failed to meet the minimum required price, leading to investor disappointment.
- Itausa, GIC and Equipav Said to Create Group to Bid for Copasa
Itausa, GIC, and Equipav have formed a group to submit a bid for Copasa, a water and sanitation company operating in Brazil. The consortium aims to acquire the company that serves the Belo Horizonte region.
- GIC, Itausa Lead $1 Billion Injection in Aegea, Diluting Equipav
Aegea will receive $1 billion in fresh capital from shareholders led by GIC Pte and Itaúsa SA, preparing a potential bid for Copasa. The investment is part of Aegea's preparation for a possible acquisition. The deal may impact the utility industry in Minas Gerais.