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Article: One of the Largest Board Manufacturers of That Country Masisa Acquires 37% of Tafisa Brazil.
- Article from:
- PR Newswire
- Article date:
- January 15, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The operation amounted to US$70 million and is an important step by Masisa to continue growing in the Brazilian market, thereby consolidating its regional leadership
SANTIAGO, Chile, Jan. 15 /PRNewswire-FirstCall/ -- Masisa and Brascan Brazil Ltda., a Brazilian company owned by the Canadian entity Brookfield Asset Management Inc., today signed a share purchase and sale contract in which Masisa acquired 45.68% of the shareholding of the Brazilian company Tafibras Participaciones S.A. (hereinafter referred to as "Tafibras") and indirectly through Tafibras 37% of the shareholding of the Brazilian affiliate of Tafibras called Tafisa Brazil S.A. (hereinafter referred ...