BNDES announced privatization of CeasaMinas in Brazil
The Brazilian Development Bank (BNDES) has announced the privatization of CeasaMinas in Minas Gerais, Brazil.
The transaction involves the sale of shares owned by the CeasaMinas, associated with the grant by the State of Minas General concessions for the use of Producer Free Markets (MLPs). The winner of the auction will own the warehouses of Contagem, Barbacena, Caratinga, Governador Valadares, Juiz de Fora and Uberlândia and will be responsible for administering the MLP in the same regions. The minimum value of CeasaMinas shares is BRL$254 million (US$46 million), its value for free land in Contagem is BRL$169 million (US$30 million) and the joint acquisition of both assets amounts to BRL423 million (US$76 million).
The auction will be held on December 22, 2022 at the B3 headquarters in São Paulo. As a result of the privatization, the Concession of Free Producer Markets in the state of Minas Gerais should receive a minimum investment of BRL29.7 million (US$5.3 million) in infrastructure improvements.
Country updates
-
-
November 09, 2022
CSN completes CEEE-G privitization in Brazil
The Companhia Siderúrgica Nacional (CSN) signed the sales contract on October 21, 2022 for the privatization of Companhia Estadual de Geração de Energia Elétrica (CEEE...
Read more -
November 09, 2022
Public Consultation launched for urban parks in Brazil
The City of Recife with the help of National Bank for Economic and Social Development (BNDES) has launched a Public consultation for the concession of Urban parks in Recife, Brazil. The concessi...
Read more -
November 02, 2022
Concession notice issued for multimillion Biodiversity Park in Brazil
The Chico Mendes Institute for Biodiversity Conservation (ICMBio) has issued a public service concession notice for the Chapada dos Guimarães National Park in Mato Grosso, Brazil.
Read more -
October 25, 2022
BNDES funds Jaú municipality sanitation PPP project
The Brazilian Development Bank (BNDES) has announced that it will finance the modernization and expansion of water supply and sewerage systems in Jaú, São Paulo, Brazil in the amoun...
Read more -
October 25, 2022
Brazil announced auction for multimillion Prison PPP project
The Banco Nacional de Desenvolvimento Econômico e Social (BNDES) has announced the auction for Prison public-private partnership (PPP) project in Blumenau, Brazil.
Read more
