Banco do Brasil unit keeps Neoenergia stake after failed IPO
December 15, 2017 at 04:28 AM EST
SAO PAULO, Dec 15 (Reuters) - BB Banco de Investimento SA, a wholly owned subsidiary of state-run Banco do Brasil, will keep its 9.35 percent ownership of electricity company Neoenergia SA after the utility canceled plans for an initial public offering, the bank said in a securities filing late on Thursday.
