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Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS)

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15.40-0.06 (-0.39%)
At close: 04:00PM EDT
15.04 -0.36 (-2.34%)
After hours: 06:40PM EDT
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  • Bloomberg

    Equatorial Mulls $450 Million Share Sale Within Months

    (Bloomberg) -- Brazilian power company Equatorial Energia SA is mulling a share offering of up to 2.5 billion reais ($450 million) to help finance the acquisition of a 15% stake of water utility Sabesp, according to people familiar with the matter. Most Read from BloombergHarris Just Showed Why Trump Is So Afraid of HerI Changed My Mind. The Fed Needs to Cut Rates Now.Stocks Tumble as Wall Street Gets AI Wake-Up Call: Markets WrapWhat Initial Polling Data Show About the Trump-Harris Matchup$1 Tr

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    Sabesp Privatized in Year’s Biggest Latin America Stock Deal

    (Bloomberg) -- The state of Sao Paulo, Brazil’s richest and most populous, gave up control of Sabesp in a jumbo stock offering that raised about 14.8 billion reais ($2.7 billion), according to people familiar with the matter.Most Read from BloombergUnprecedented IT Outage Cripples Businesses Around the GlobeCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayGlobal Flights Grind to Halt as United, Delta Stop ServiceBrookfield Lines Up a 36-Year-Old Rising Star as

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    An Energy Company Is About to Manage Water for 28 Million Brazilians

    (Bloomberg) -- Brazil’s most populous state is about to sell a strategic stake in Latin America’s largest water utility to a $7 billion energy distributor that only got its start in sanitation two years ago.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBoeing to Plead Guilty to Fraud for Violating Deal Over 737 Max CrashesBiden Narrows Gap With Trump in Swing States Despite Debate LossHedge Funds That Piled Into Big Tesla Short Stung by RallyMorgan