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Announced

Eneva to acquire Focus Energia for $162m.

Synopsis

Eneva, a Brazilian energy utilities company, agreed to acquire Focus Energia, a firm engaged in the energy sector, for $162m. Eneva will pay 75% in cash and the remaining stake in stocks. The deal is part of Eneva's strategy to diversify its portfolio in renewable energy and would delist Focus Energia from the Bovespa stock exchange.

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