Ecopetrol Completes Tender Offer Auction For 25% Of Brava Energia At R$23.00 Per Share; On Track To Acquire ~51% Controlling Stake
Ecopetrol S.A. ("Ecopetrol" or the "Company") ((BVC: ECOPETROL, NYSE:EC) announces that, on August 5, 2026, its Brazilian subsidiary, Ecopetrol Investimentos do Brasil Ltda. ("Ecopetrol Brasil"),
Ecopetrol bought a quarter of a Brazilian energy company called Brava Energia and is on track to own more than half of it soon. When a company buys a bigger piece of another company, it means they think it's worth the money and want to control what it does.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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