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China’s State Grid seeks a $13 billion takeover of Brazil’s CPFL Energia

he deal sought by the state-run State Grid Corp. of China, which already holds around 23 percent of CPFL, would mark the largest Chinese investment in Brazil to date.
1 year ago
Sky Canaves
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.
China in 2 minutes a day
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