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Ecopetrol Takes Control of Brava Energia for US$521 Million
Ecopetrol bought 25% of Brava Energia for R$2.67 billion (US$521 million), lifting it to 51% control. Settlement falls on 17 August.
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morningstar.com
Ecopetrol Announces Successful Auction Result for the Acquisition of Approximately 25% of the Share Capital of Brava Energia S.A.
Ecopetrol Announces Successful Auction Result for the Acquisition of Approximately 25% of the Share Capital of Brava Energia S.A.
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eltiempo.com
Ecopetrol supera con éxito un paso clave para quedarse con el control de la brasileña Brava Energía
La operación será financiada inicialmente con un crédito de corto plazo que luego será refinanciado con deuda de largo plazo y recursos propios.
