Brookfield mulls raising bid for Brazil`s Renova -sources
(WorldNews Business)

(Adds share performance in paragraph 3) By Guillermo Parra-Bernal SAO PAULO, Sept 19 (Reuters) - Brookfield Asset Management Inc is considering increasing a takeover offer for Renova Energia SA by 25 percent, in a bid to sway the two largest shareholders in the Brazilian renewable power firm to exit their controlling stakes, two people with direct knowledge of the matter said on Tuesday. Under terms of a revised bid, Brookfield would offer power utility Cia Energetica de Minas Gerais SA and subsidiary Light SA 11.25 reais per unit of Renova, said the people, who asked for anonymity because the talks remain private. Each Renova unit comprises...