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Article: Brazil: Funds increase stake in Comgas.
- Article from:
- South American Business Information
- Article date:
- September 7, 2004
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Brazil, Sep 06, 2004 (O Estado de Sao Paulo/SABI via COMTEX)
Investment funds are increasing stake in the capital of the Brazilian natural gas distributor Comgas (Companhia de Gas de Sao Paulo) stimulated by the expansion of the gas market. Investors are obliged to inform the Brazilian authorities every time they purchase more than 5% of stocks in a company. Hedging-Griffo already owns 27.4% preferred stocks in Comgas while Opportunity announced, last month, that its funds own 15.12% preferred papers in the ...