EIG Global Energy Partners undertakes a tender offer to buy out the minority shareholders

RGS Partners was retained by minority shareholders to act in the analysis of the tender offer process and to defend a valuation of the stocks superior than the valuation offered by the controlling shareholder.

Prumo Logística is a multi-business company created in 2007 to optimize the development of Brazil’s energy and infrastructure sectors. Controlled by U.S.-based energy and infrastructure fund EIG Global Energy Partners since 2013, Prumo develops one of the world’s safest and most efficient port-industry complexes, the Port of Açu.

The Port of Açu is strategically located in the northern part of Rio de Janeiro state, about 150km away from the Campos Basin, the producer of 85% of all oil in Brazil. RGS Partners' acting included the definition of the best strategy to minority shareholders defense, the critical analysis of the valuation report and the warning about inconsistencies and the interaction and negotiation with the parties interested in the process.

 

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