Announced
Financials
Sources
Tags
Brazil
Majority
Private
Single Bidder
Gas Distribution
Acquisition
Pending
Domestic
Friendly
gas pipeline
Synopsis
Ultrapar Participacoes, a gas distributor, agreed to acquire Neogas, a gas pipeline company, for $32m. Ultragaz and NEOgás will maintain their regular course of business, on an independent manner, until the closing date of the transaction, subject to approval by the Administrative Council of Economic Defense.
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