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Dec. 23, 2011, 1:59 AMChina Three Gorges is buying Portugal's 21% stake in utility EDP (EDPFY.PK) for €2.7B ($3.5B), beating out E.On (EONGY.PK) and Eletrobras (EBR). The deal also includes Chinese investment in the wider economy, and is a crucial indicator of Portugal's ability to sell state assets in the face of its debt crisis. | Comment!
EBR vs. ETF Alternatives
Centrais Eletricas Brasileiras SA, along with its subsidiaries, is engaged in generation, transmission and distribution of electricity in Brazil. It operates in three segments namely generation, transmission and distribution segment.
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