CHINA TOPIX

11/21/2024 11:15:00 am

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Camargo Correa

China's State Grid poised to buy a controlling stake at Brazil's CPFL Energia.

China's State Grid to buy Camargo Correa's CPFL Energia Stake for $1.8B

China's State Grid International Development Ltd. is set to acquire a controlling stake worth $1.8 billion in CPFL Energia SA, Brazil's biggest power distributor announced on Friday.

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