Argentinian awakening
Article Abstract:
Argentinian transmission group Transener has acquired a controlling stake in second-largest transmission company Transba for $220 million. Separately, an 8.33% stake in Aerolineas Argentinas has been acquired for $300 million by American Airlines. Meanwhile, five groups, namely Germany's Hochtief, Spain's Aeropuertos Espanoles y Navegacion Area, Italy's Societa Esercizi Aeroportuali, Aeroportui di Roma and Ogden, and Corporacion America have bought bidding documents for Argentinia's 36 airports.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1997
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Brazil power generates investor interest
Article Abstract:
A purchasing group in Brazil has acquired a 65.64% stake in Bahia state electricity utility Companhia de Electricidade de Bahia for $1.59 billion. The consortium, led by Spain's Iberdrola and including the Previ pension fund, will invest $459.7 million in the company to 2002. Meanwhile, a 14.65% stake in Espirito Santo state utility Escelsa has been sold by holding company Eletrobras for $140.3 million.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1997
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Comment about this article or add new information about this topic:
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