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Neoenergia begins commercial operations at Brazilian wind cluster
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Shell biofuel JV starts trading
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2021-07-16 02:06:02 GMT2021-07-16 10:06:02(Beijing Time) Xinhua English
SAO PAULO, July 15 (Xinhua) A total of 22 local airports in Brazil s southeast Sao Paulo state were privatized on Thursday through 30-year concessions, bringing in 22.3 million reais (about 4.3 million U.S. dollars).
The concessions, sold at an auction held at the Sao Paulo Stock Exchange, were won by two Brazilian groups, the state government said in a statement. This is a commitment to a smaller and more efficient state focused on health, education and security, said Deputy Governor of Sao Paulo Rodrigo Garcia, who presided over the bidding.
With an offer 11.14 percent higher than the base price and amounting to 7.6 million reais (1.5 million dollars), the Consorcio Paulista company obtained the concessions for 11 airports, including the strategic airport at Sao Jose do Rio Preto, one of Brazil s agro-industrial centers.
Brazil highway auction fuels export hopes but Indigenous concerns
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IN BRIEF: Ocean Wilsons subsidiary Wilson Sons to become Brazilian
Mon, 24th May 2021 16:34
Ocean Wilsons Holdings Ltd - Bermudian investment company with subsidiary providing maritime services in Brazil - Operating subsidiary Wilson Sons Ltd plans corporate restructuring in which Wilson Sons will become a Brazilian company and list on the Novo Mercado segment of the Brazilian Stock Exchange. Under the plan, Wilson Sons Ltd will merge into its controlled subsidiary Wilson Sons Holdings Brasil SA. Currently Wilson Sons is a Bermuda company with shares listed on the Sao Paulo Stock Exchange as Brazilian depositary receipts and also on the Luxembourg Stock Exchange. The merger and listing on the Novo Mercado segment is subject to approvals by shareholders, as well as by regulators in both Bermuda and Brazil. It is intended to simplify the company, increase stock liquidity and facilitate access to capital markets. Ocean Wilsons says it is supportive of the plan, which will not change i