BROOKFIELD – ACQUISITION OF BRAZILIAN PIPELINE
Canadian investor Brookfield Infrastructure has finalized its USD 5,2bn acquisition of Nova Transportadora do Sudeste (NTS) from Brazilian state oil company Petrobras. Petrobras received USD 4,23bn payment from the Brookfield-led consortium. The amount includes USD 2,59bn for Petrobras shares and USD 1,64 bn in convertible bonds. Brookfield will buy the remaining USD 850m of shares in five years.