oil and gasconcession blocks, according to several reports. Batista agreed in October lastyear to buy USD 1bn in OGX shares to help finance the companys explorationplans. OGXs 2013 budget does not allow for more debt sale, CFO RobertoMonteiro asserted, which means the company will fund acquisitions through assetsales and other forms of financing. Grupo BTG Pactual has recently provided EBXGroup, which controls OGX, a USD 1bn credit line.SourceProprietary Intelligence. Gafisa Brazilian real-estate developer Gafisa (GFSA3: BZ;GFA: US) plans to sell 70.2m shares to buy the stake in Alphaville Urbanismothat it doesnt already own. Gafisa acquired a 60% stake in Alphaville, nowGafisas most profitable subsidiary, in 2006 and increased that exposure to 80%in 2010. Gafisa estimates the value of the remaining 20% stake is nearly BRL360m, press release indicated.SourceProprietary Intelligence. Grupo GeoradarGrupo Georadar, a Brazilian provider of seismicsurveys, plans to sell a 10% stake ahead of an IPO in late-2014, Chairman andcompany founder Celso Magalhaes told Debtwire. The company expects to raisearound BRL 100m (USD 50.82m from the transaction, which should conclude in thefirst half of this year, he said. Existing investors RioForte Investment andAngra Infra will reduce their stakes from 28.2% to around 25% and from 29.6% toaround 25%, respectively. A third stakeholder, Banco Modal, will maintain its15% share of the company. Capital from the stake sale will accelerate the companysBRL 1bn (USD 508m) three-year growth strategy. Grupo Georadar needs to reachBRL 1bn (USD 508m) in revenues before going public. The company had revenues ofBRL 630m (USD 320m) last year compared to BRL 325m (USD 165m) in 2011. GrupoGeoradar plans to list on the Bovespa. Magalhaes declined to discuss the timingfor hiring underwriters.SourceProprietary Intelligence. GVT GVT, a Brazilian telecommunications subsidiary ofFrances Vivendi, may raise up to BRL 2bn (USD 1bn) through a public offeringon the Sao Paulo Stock Exchange, according to a local report citing a study forsuch a deal including banks Credit Suisse, Morgan Stanley, BofA Merrill Lynchand Goldman Sachs. The IPO may include the sale of primary and secondary sharesand may take place in the second half of 2013 or early next year, subject tomarket conditions, according to the report. Proceeds from the transaction wouldbe reinvested in GVT. Vivendi sought to sell GVT this year but could not getthe price it wanted. Vivendi canceled the sale 15 March. GVT was listed on theNovo Mercado on the Sao Paolo Stock Exchange between 2007 and 2009 when it wasde-listed after Vivendi acquired the company.SourceProprietary Intelligence. Investimentos e Participacoes em Infraestrutura (Invepar) Investimentos e Participacoes em Infraestrutura(Invepar), a Brazilian infrastructure company owned by construction group OASand pension funds Previ, Petros and Funcef, expects to go public within thenext year, according to local reports citing CEO Gustavo Rocha. Rocha said thecompany is interested in bidding for new airport and toll-road concessions.Rumors surfaced last year that Invepar was planning an IPO for at least BRL1.5bn (USD 947m). The most recent article, however, didnt elaborate on thesize or structure of the expected deal.SourceProprietary Intelligence. LDC BioenergiaLDC Bioenergia, Brazils No. 2 ethanol and sugarproducer, has filed to go public via Bradesco BBI, JPMorgan, BB Investimentos,Itau BBA, Santander