Neoenergia SA (GNAN3B.SO)
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SAO PAULO, July 26 A report from a technical body at Brazil's power sector regulator Aneel published on Wednesday recommends the approval of Elektro Redes SA's takeover by Neoenergia SA, a deal announced in June.
SAO PAULO Neoenergia SA, whose takeover of a smaller rival will turn it into Brazil's No. 1 power utility by customers served, is working on a dual initial public offering in São Paulo and New York that could value it at around 35 billion reais ($11 billion), three people with direct knowledge of the plan said.
The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
SAO PAULO, July 5 Brazilian regulators approved the merger of utilities Neoenergia SA and Elektro Redes SA without restrictions, according to a document published in the official gazette on Tuesday.
* SHAREHOLDERS OF NEOENERGIA , I.E., BB BANCO DE INVESTIMENTO, CAIXA DE PREVIDENCIA DOS FUNCIONARIOS DO BANCO DO BRASIL AND IBERDROLA ENERGIA REACH DEAL SO THAT NEOENERGIA INCORPORATES BUSINESSES OF ELEKTRO