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Announced

Itausa to invest $238m in GIC-backed Aegea.

Financials

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Transaction Value£171m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Brazil

water treatment

Minority

Private

Domestic

Single Bidder

Pending

Water

sanitation

Acquisition

Private Equity

Synopsis

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Itausa, a holding company, agreed to invest $238m in GIC-backed Aegea, a provider of water and sanitation services. Itausa believes that, in addition to contributing to good management and corporate governance practices, the investment enhances Aegea‘s execution of its growth plan, supporting new opportunities that maximize the value creation of its business.

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