The Japaneseshipyard group, which has been in negotiations for more than a year over thepurchase, will pump BRL 207m ($97.3m) into the yard, in addition to atechnology transfer, according to various local media reports.
Brazilianshareholders Queiroz Galvao and Camargo Corrêa, which each own 50% of the yard,will see their stakes shrink to 37.5% each.
Osami Imai,IHI’s Brazil head, said told the Agencia Estado newswire that the Japanesecompany plans to hike its stake to 33% in six months to a year.
“We
