Construtora Tenda
Encyclopedia
Construtora Tenda S.A. or Tenda, until 1994 Tenda Engenharia S.A, is a Brazil
ian construction
company founded in 1969 in Minas Gerais
with its headquarters being located in São Paulo
. The company is listed on the São Paulo Stock Exchange where it raised 603 million reais ($345 million) in an initial public offering
in 2007.. In 2008, Gafisa
bought 60% of shares of the Tenda, to becoming in a subsidiary.
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
ian construction
Construction
In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...
company founded in 1969 in Minas Gerais
Minas Gerais
Minas Gerais is one of the 26 states of Brazil, of which it is the second most populous, the third richest, and the fourth largest in area. Minas Gerais is the Brazilian state with the largest number of Presidents of Brazil, the current one, Dilma Rousseff, being one of them. The capital is the...
with its headquarters being located in São Paulo
São Paulo
São Paulo is the largest city in Brazil, the largest city in the southern hemisphere and South America, and the world's seventh largest city by population. The metropolis is anchor to the São Paulo metropolitan area, ranked as the second-most populous metropolitan area in the Americas and among...
. The company is listed on the São Paulo Stock Exchange where it raised 603 million reais ($345 million) in an initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
in 2007.. In 2008, Gafisa
Gafisa
Gafisa is a top 5 Brazilian residential construction and real estate company, along Cyrela Brazil Realty, PDG Realty, MRV Engenharia, Rossi Residencial and Brookfield Incorporações. It's based in São Paulo and present in various cities of Brazil...
bought 60% of shares of the Tenda, to becoming in a subsidiary.