George Soros and Sao Paulo-based Foxx Group are in talks to acquire Haztec Tecnologia & Planejamento Ambiental SA, a Brazilian environmental services company, for about 800 million reais ($396 million), O Estado de S. Paulo reported, citing unidentified people involved in the deal.
Haztec declined to comment while Foxx denied the acquisition plan and said it’s analyzing investment opportunities, according to O Estado.
To contact the reporter on this story: Katerina Petroff in Sao Paulo at kpetroff@bloomberg.net
To contact the editor responsible for this story: Telma Marotto at tmarotto1@bloomberg.net
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