CCR SA (CCRO3.SA)

Latest Key Developments (Source: Significant Developments)

CCR to buy Odebrecht's stake in ViaRio for BRL 107.7 million
Friday, 1 Jul 2016

CCR SA : Said on Thursday that it had reached agreement with Odebrecht Rodovias SA to buy its whole stake in concessionaire ViaRio for 107.7 million Brazilian reais ($33.4 million) . ViaRio is the concessionaire responsible for deployment, operation, maintenance, monitoring, conservation and improvements of a 13 kilometre expressway in Rio de Janeiro .The company holds a 33.33 percent stake in ViaRio, Odebrecht Rodovias SA holds another 33.33 percent stake and Investimentos e Participacoes em Infraestrutura SA - Invepar holds a 33.34 pct stake in the concessionaire. Full Article

CCR presents proposal to increase its stake in VIAQUATRO
Friday, 1 Jul 2016

CCR SA : Said on Thursday that it had presented to Montgomery Participacoes SA a binding proposal to buy 50 percent of its stake in Concessionaire of Line 4 of the Sao Paulo Subway (VIAQUATRO) for 170.2 million Brazilian reais ($53.0 million) .The company currently holds a 60 percent stake in the concessionaire, Montgomery Participacoes SA holds a 30 percent stake and Mitsui & Co Ltd holds a 10 percent stake. Full Article

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CCR SA News

EMERGING MARKETS-Latin American equities edge lower after Tillerson exit

SAO PAULO, March 13 Latin American equities posted slight losses on Tuesday, as Brazilian bank stocks slid on the possibility of another interest rate cut and investors weighed the fallout from the firing of U.S. Secretary of State Rex Tillerson. Tillerson's ouster was generally shrugged off by markets, as analysts said traders have grown increasingly immune to political turmoil under President Donald Trump. In Brazil, lenders Itaú Unibanco Holding SA, Banco Bradesco SA a

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