Copasa Shares Tumble After Bids for Stake Fall Below Minimum Price
The two bids presented for a 30% stake in the Brazilian water utility Copasa fell below the minimum price expected by the Minas Gerais state government, according to four people...
By Rachel Gamarski · Bloomberg Markets
The two bids presented for a 30% stake in the Brazilian water utility Copasa fell below the minimum price expected by the Minas Gerais state government, according to four people familiar with the matter.