Pinheiro Neto and Souza advise in the acquisition of Copene

In a deal worth approximately US$320 million, Nova Camaçari Participações SA, a special purpose company owned by Odebrecht Quimica SA, acquired control of Econômico SA Empreendimentos (‘ESAE’). The company was bought on July 25, 2001, at the open auction organised by the Central Bank of Brazil, in its capacity as trustee and receiver of the estate of Banco Econômico SA - em Liquidação Extrajudicial.