UPDATE 1-GIC and Patria win auction to operate highway in Brazil
A consortium formed by
Brazilian private equity firm Patria Investments and Singapore’s
state investor, GIC, on Wednesday won an auction to operate for
30 years a highway in the Brazilian state of Sao Paulo after a
bid of 1.1 billion reais ($270.42 million).
Brazilian private equity firm Patria Investments and Singapore’s
state investor, GIC, on Wednesday won an auction to operate for
30 years a highway in the Brazilian state of Sao Paulo after a
bid of 1.1 billion reais ($270.42 million).
Posted by Reuters
