May 31 (NBD) -- China Gezhouba Group Co Ltd (600068.SH) announced late Tuesday that its subsidiary in Brazil has purchased a 100 percent stake of a water supply company in San Paulo from two Brazilian construction companies.

The deal enabled the subsidiary to have the operational rights of the water supply program, known as Sistema Produtor Sao Lourenco, in the most populous city in Brazil.

Email: zhanglingxiao@nbd.com.cn