Itaúsa buys stake in NTS gas pipeline for $292 MM
4/5/2017
BRASILIA (Reuters) -- Itaúsa Investimentos SA, a family-controlled company that is a major shareholder in Brazil's No. 1 private-sector bank, said on Tuesday in a securities filing it bought a 7.65% stake in gas pipeline unit Nova Transportadora do Sudeste SA (NTS) for $292.3 MM.
State-run oil company Petroleo Brasileiro SA sold a 90% stake of the NTS unit to a group of investors led by Canada's Brookfield Asset Management Inc for $5.2 B in September.
Reporting by Alonso Soto and Tatiana Bautzer
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