InfrastructureNotableConfirmedDeveloping
10.0
Brazil's TCU reviews Correios operational costs and Santos port contract extensions
Poder360·BR·1 day ago
Simpar has sold two port terminals for R$ 1.8 billion, a move aimed at reducing corporate debt levels. The transaction provides a valuation benchmark for the company's remaining infrastructure assets, triggering a positive market reaction.
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Simpar has confirmed the divestment of its CS Porto Aratu terminals (12 and 18) at the Port of Aratu, Bahia, to International Container Terminal Services (ICTSI) for R$1.8 billion. This transaction, comprising R$750 million in cash and performance-based payments, is primarily aimed at accelerating Simpar's corporate deleveraging efforts.