Two firms advise on the acquisition of Eletronet by Eletrobras
Tauil & Chequer Advogados in association with Mayer Brown advised Eletrobras on the acquisition of 51% of Eletronet‘s share capital, previously held by LT Bandeirante, which was advised by Lobo de Rizzo.
Upon closing the transaction, the Eletrobras Group will hold 100% of Eletronet’s share capital, as it already owns a 49% stake in the company.
This acquisition will enable Eletrobras to leverage commercial synergies through cross-selling opportunities between energy and data transport sectors (e.g., data centers, service providers, artificial intelligence, etc.).
The transaction reinforces Eletrobras’ commitment to optimizing minority interests, simplifying the structure, generating value and focusing on capital discipline, as provided for in its strategic plan.
Tauil & Chequer relied on partners Bruno Salzano (pictured left), Débora Yanasse and Henrique Rocha; associate Rafael Hochman, Luiza Brumati.
Lobo de Rizzo advised LT Bandeirante and relied on partner Marcela Tavares de Vasconcelos (pictured right).