EN 
PT_BR 
Cade (Administrative Council for Economic Defense) approved, last Thursday (14), the sale of CEB Distribuição to Bahia Geração de Energia, a company in the Neoenergia group.
The Federal District distributor had 51% of shares sold at auction, for R$ 2.525 billion. The contract is expected to be signed on February 25 this year.
The sale had a premium – additional value charged in financial operations – of 76.63%, after a dispute with CPFL, which offered R$ 2.508 billion.
According to Cade, the minimum bid for the purchase was set at R$ 1.423 billion, a value almost equal to the company's short-term liabilities, which total R$ 1.453 billion.
About CEB Distribuidora
CEB Distribuidora, which serves the Federal District, has 1.1 million customers, supplying 6,577 GWh. It is considered one of the distributors with the best customer portfolio in Brazil.
