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Water co AdP appoints Caixa BI as financial advisor for Aquapor privatisation


Published :
Thu, 18 Oct 2007 18:28
By : Agencies
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LISBON (Thomson Financial) - Portuguese state water company Aguas de Portugal (AdP) has appointed Caixa BI, owned by state-controlled bank Caixa Geral de Depositos, to act as financial advisor in the privatisation of fully owned unit Aquapor.

The process is expected to be completed by the end of the first quarter of 2008, AdP said in a statement. Caixa BI will send an information memorandum to interested parties in November, it added.

Aquapor has stakes in companies which manage municipal water supply and sanitation systems.

luis.morais@thomson.com

lm/slj

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