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Rio Paranapanema Energia SA (GEPA3.SA)

GEPA3.SA on Sao Paulo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

BRIEF-Duke Energy to sell its Brazilian business for $1.2 bln (Oct. 10)
Monday, 10 Oct 2016 07:00am EDT 

In Oct. 10 brief, corrects source to Duke Energy from China Three Gorges.Duke Energy Corp : Duke Energy to sell its Brazilian business to China Three Gorges Corporation for $1.2 billion enterprise value . After-tax proceeds from the transaction are expected to be used to reduce duke energy holding company debt . Negotiations to sell the remaining Latin American assets in final stages .Moving through process of negotiating sale of remaining assets in Central, South America.  Full Article