BRIEF-Azevedo & Travassos Unit To Buy Engie's Smart Lighting Assets in Brazil

- Azevedo & Travassos SA - AZEV3.SA late on Tuesday:

  • AZEVEDO & TRAVASSOS UNIT AT INVESTIMENTOS TO BUY ENGIE PUBLIC LIGHTING ASSETS - FILING

  • ENTERPRISE VALUE OF THE DEAL 108.2 MILLION REAIS ($20.87 MILLION)

  • CLOSING EXPECTED WITHIN ABOUT 90 DAYS, SUBJECT TO REGULATORY APPROVAL

  • ORBIZ CAPITAL ACTED AS EXCLUSIVE FINANCIAL ADVISER TO THE BUYER IN THE TRANSACTION


Source text for Workspace: nNDLbdgrwc
Further company coverage: AZEV3.SA



($1 = 5.1834 reais)