Another Brazilian SWF Investment: Temasek Holdings Spends $400 mil for a 14.3% Stake in Odebrecht Oleo e Gas
Posted on 10/20/2010
Temasek Holdings has invested $400 million in Odebrecht Oleo e Gas for a 14.3% stake in the unit. Odebrecht Oleo e Gas is part of Odebrecht, a large conglomerate. Odebrech Oil and Gas view the investment essential to help them grow capital expenditures to tap into Brazil’s blossoming offshore oil trade. The unit plans to […]
