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Transmissora Alianca de Energia Eletrica SA Announces Plan of Merger by Incorporation of Wholly Owned Subsidiaries


Thursday, 17 Jan 2013 05:35am EST 

Transmissora Alianca de Energia Eletrica SA announced that its Board of Directors on January 31, 2013 will deliberate on the contracting of Deloitte Touche Tohmatsu Auditores Independentes for the preparation of the appraisal report of NTE - Nordeste Transmissora de Energia SA (NTE) and UNISA - Uniao de Transmissoras de Energia Eletrica Holding SA (UNISA), as well as STE Sul Transmissora de Energia SA (STE) and ATE Transmissora de Energia SA (ATE) and on the approval of these reports. Moreover, it will deliberate on the merger by incorporation of NTE - Nordeste Transmissora de Energia SA and UNISA - Uniao de Transmissoras de Energia Eletrica Holding SA by the Company according to the agreement signed on December 13, 2012, as well as the merger of incorporation of STE and ATE by UNISA. These transactions will not result in capital increase because all the merged companies are wholly owned subsidiaries of the Company. 

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