HOO. Buying a 75% position @ $4.49 for an investment [portfolio] position. The analysis will follow.
Cascal N.V. (Cascal) provides water and wastewater services to its customers in seven countries: the United Kingdom, South Africa, Indonesia, China, Chile, Panama and The Philippines. In a typical water project, the Company collects raw water from surface and groundwater sources, treat the water to meet the required quality standards and then supplies the treated water through a distribution network to its customers’ premises. In a typical wastewater project, Cascal collects the wastewater from its customers’ premises, treat the wastewater to meet the required standards and returns the treated water to the environment. The Company provides these services under long-term contracts or licenses that typically give it the right to provide its services within a defined territory. In June 2008, Cascal B.V. acquired 100% of the Servicomunal and Servilampa companies located immediately to the north of Santiago, Chile.
