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Brookfield to acquire stake in Brazilian sanitation company: Reuters

Canada’s Brookfield Asset Management is in talks to acquire a minority stake in BRK Ambiental, a Brazilian sanitation company, reported Reuters. The stake is owned by workers severance fund FGTS, which is managed by Caixa Economica Federal, a Brazilian state bank. The deal could the value the stake in BRK Ambiental at US$520 million.