Edition:
India

Companhia Energetica de Minas Gerais CEMIG (CMIG4.SA)

CMIG4.SA on Sao Paulo Stock Exchange

8.20BRL
6:45pm IST
Change (% chg)

R$ 0.03 (+0.37%)
Prev Close
R$ 8.17
Open
R$ 8.17
Day's High
R$ 8.23
Day's Low
R$ 8.17
Volume
139,600
Avg. Vol
10,211,557
52-wk High
R$ 9.59
52-wk Low
R$ 4.98

Latest Key Developments (Source: Significant Developments)

Cemig concludes sale of stake in Transchile Charrua Transmision to unit of Ferrovial
Friday, 7 Oct 2016 

Companhia Energetica de Minas Gerais CEMIG :Said on Thursday it concluded the sale of its whole 49 percent stake in Transchile Charrua Transmision SA to Ferrovial Transco Chile SpA, a unit of Ferrovial SA Full Article

Cemig and FIP Coliseu to sell 65.7 mln units of Taesa
Monday, 3 Oct 2016 

Transmissora Alianca de Energia Eletrica SA (Taesa): Said on Friday that Fundo de Investimento em Participacoes Coliseu (FIP Coliseu) and Companhia Energetica de Minas Gerais CEMIG (Cemig) had initiated a restricted offering to sell a combined stake of 65.7 million units of Taesa . The offering to be coordinated by Bank of America Merrill Lynch Banco Multiplo, BB-Banco de Investimento, Banco de Investimentos Credit Suisse (Brasil), Banco Modal and Banco Santander (Brasil) .A price per unit to be set upon bookbuilding procedure.  Full Article

Cemig to sell up to 40.7 mln units of Taesa
Thursday, 1 Sep 2016 

Companhia Energetica de Minas Gerais SA :Said on Wednesday that its board of directors authorized the sale of up to 40.7 million units of Transmissora Alianca de Energia Eletrica SA (Taesa) , corresponding to 40.7 million common and 81.4 million preferred shares.  Full Article

Moody's recalibrates Brazil's national rating scale and repositions national scale ratings of Brazilian infrastructure issuers
Tuesday, 10 May 2016 

Moody's : Recalibrates Brazil's national rating scale and repositions national scale ratings of Brazilian infrastructure issuers .Repositioned national scale of 26 Brazilian infrastructure issuers in conjunction with recalibration of Brazilian national rating scale.  Full Article

UPDATE 1-Brazil's Cemig to name Light's Paroli as chief executive -sources

SAO PAULO, Jan 24 Brazilian state-run electricity utility Companhia Energética de Minas Gerais will appoint Luís Fernando Paroli as its new chief executive to speed up a stalled asset disposal program, four sources familiar with the matter said.