19 June 2026
Clifford Chance advises on Copasa privatization in Brazil’s second-largest water and sanitation transaction
Advising firms
Deal team
6 lawyers named| Lawyer | Firm | Seniority | Practice | Office |
|---|---|---|---|---|
| Anja Pfleger Andrade Lead | Clifford Chance | Partner | Not stated | São Paulo |
| Pedro Henrique Natucci Barreiros | Clifford Chance | Associate | Not stated | Not stated |
| Jonathan Zonis | Clifford Chance | Partner | Not stated | New York |
| Avrohom Gelber | Clifford Chance | Partner | Not stated | New York |
| Ian David | Clifford Chance | Associate | Not stated | Not stated |
| Luca Uchôa | Clifford Chance | Trainee | Not stated | São Paulo |
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Stated terms
- Stated value
- USD 1.65bn (US$1.65 billion)
- What the figure measures
- Total transaction value
- Client
- Not stated
- Counterparties
- State of Minas Gerais (Sell-side)
BTG Pactual US Capital, LLC (Underwriters)
Itaú BBA USA Securities, Inc. (Underwriters)
BofA Securities, Inc. (Underwriters)
Citigroup Global Markets Inc. (Underwriters)
UBS Securities LLC (Underwriters)